Your friend Jenny says a Roth IRA has the best tax advantages because you pay taxes now and won't have to pay them when you take the money out in retirement. Why might she be right?

because when an individual saves income in a Roth Individual Retirement Account(IRA), one saves only the after-tax income.

Explanation:

Roth IRA provides an interesting opportunity for investors to save income with a tax-free withdrawal if they can meet certain conditions.

Jenny might be right when she says that a Roth IRA has the best tax advantages because when an individual save income in a Roth Individual Retirement Account(IRA), one saves only the after-tax income.

It means that the savings that an individual does are not tax-deductible. Therefore, when the individual withdraws during retirement, one does not have to pay any tax.

panem is a communist totalitarian dictatorship where all the resources and how they are allocated belongs to the capitol. the districts exist only to provide goods and services for the capital and most of the citizens live in poverty. it is a police state where the "peacekeepers" use force and threats to keep the people under control. dissent is outlawed and those who disobey the law are executed, flogged, or turned into avoxes. the games are another means in which the ruling elite in the capitol exert their power over the districts. when reading the books i drew parallels between panem and the soviet union and north korea. in no way is panem capitalist. the people in the capitol are wealthy but the majority of them are involved in the government somehow. it was the same way in the former soviet union where bigwigs in the communist party and high ranking government officials were given access to goods, services, medical treatments not available to the general public. if you think panem has a capitalist economy you need to brush up on your economics.