The Robertsons, a couple with an adjusted gross income of $28,500, decides to contribute the maximum amount possible toward their individual retirement accounts (IRAs) even though Mr. Robertson is covered by a pension plan where he works. He names his wife the beneficiary of the IRA. What is such a tax strategy called?
A. Tax deferral strategy
B. Tax avoidance strategy
C. Tax evasion strategy
D. Tax ignorance strategy
E. Income-shifting strategy
Answer: A
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