Which of the following is not a pre-tax account for investing?Group of answer choicessavings account401(k) plans403(b) plansPensionsTraditional IRAs

To determine which of the following is not a pre-tax account for investing, let's analyze each option:

1. Savings Account: This is a standard account where you deposit money, which earns interest. Contributions are made with after-tax dollars, and you pay taxes on the interest earned. Therefore, it is not a pre-tax account.

2. 401(k) Plans: Contributions to these accounts are made with pre-tax dollars, meaning you do not pay income taxes on the money you contribute until you withdraw it in retirement.

3. 403(b) Plans: Similar to 401(k) plans, contributions are made with pre-tax dollars, which defers the tax payment until withdrawal.

4. Pensions: Generally, pension contributions are made with pre-tax dollars, and tax is paid upon receiving benefits.

5. Traditional IRAs: Contributions can often be deducted from your taxable income, making them a pre-tax option as well.

Final Answer

The account that is not a pre-tax account for investing is the savings account.