Phrases with «tax deferral»

Tax deferral refers to a situation where an individual or business delays paying taxes on income until a later time. Instead of immediately paying taxes, they can keep and reinvest the money, allowing it to grow before they eventually have to pay the taxes owed. Full definition

Sentences with «tax deferral»

  • An Idividual Retirement Account (IRA) is one of the best tools to help you fund your retirement, combining the benefits of tax deferral with potential interest compounding. (pnc.com)
  • In a lower return environment, the true tax deferral benefit of extending the average holding period of an investment from 2 years to 5 years — chopping the portfolio turnover rate from 50 % down to 20 % — is actually less than 5 basis points, which can be made up in the blink of an eye through a lower cost investment change or a mere day's worth of relative returns (not to mention weeks, months, or years)!» (basehitinvesting.com)
  • Exchanging a deferrred annuity for an immediate annuity qualifies for tax deferral under IRC Section 1035. (immediateannuities.com)
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