Sentences with phrase «after tax dollars»

Because your life insurance premiums are paid with after tax dollars, the death benefit is able to be paid out in lump sum without any state or federal taxes being withheld.

They pay in after tax dollars, so the true cost is about 4 per cent in the dollars they earn.

Since you used after tax dollars to pay your premiums, your income benefit will normally be paid to you income tax free.

His reasoning is that the money you save in future interest costs (i.e. the annual interest payments you never make) would have been from after tax dollars.

What do we mean when we say after tax dollars?

Remember, it's a balancing act between lower taxes and higher after tax dollars.

So everyone here who is planning on taking advantage of the low or 0 % tax on capital gains is not only maxing out their 401ks and IRAs but is also investing after tax dollars into investments that will later yield long term capital gains so that you can use those tax free?

That being said, if you agree with all the points made in the article you should be able to open up a traditional IRA with similar investments to your Roth, but with a tax deferral instead of contributing after tax dollars with growth that is tax exempt.

Roth IRAs are an excellent retirement account option that let you invest after tax dollars into an Individual Retirement Account which will then grow tax free (which can then be invested in virtually any investment vehicle), unfortunately, after you make a certain amount of money, your ability to invest in a «Roth» IRA phases out (I guess that's why they call it the «Roth Phase Out»).

The very idea of expecting a man to pay some outrageous amount of after tax dollars to a woman, who is quite capable of working, but is told by a judge that she does not need to work and should be home with her children, is beyond comprehension.

You can contribute the same after tax dollars to a Roth as pretax dollars to a Traditional, thus you can contribute more to your nest egg compared to traditional if you can max out, all things being equal.

Much of the debate has turned on whether or not school - choice programs yield improved educational outcomes and what happens to students who are left behind in schools struggling to cope after tax dollars have been diverted elsewhere.

The Roth IRA takes after tax dollars and allows for tax - free growth of that money.

I'm not sure about every company, but when I participated in my company's ESPP I had always had the option of «cashing - in» my account at any time since the money was paid in with after tax dollars there was also not penalty from the IRS.

This may seem like its not getting us ahead because I can't see some big # in my account, but this debt is real, the payments owed are real and MUST be paid with after tax dollars whether my «investment» is worth it or not.

The funds are paid back to yourself with after tax dollars deducted from your biweekly or no monthly pay.

Again, because premiums are paid using after tax dollars, the cash growth, including interest and dividends, grows tax deferred just like a 401 (k) or IRA.

Actually your guaranteed return on paying down the mortgage is higher than 2.7 % because you're paying in after tax dollars — unless your a Smith manoeuvre in place

Roth IRA — With a Roth IRA you are investing after tax dollars.

I would think contributions in kind from a non-registered account would not be taxed going in as long as the contribution doesn't exceed $ 5000, reason being is both are from after tax dollars.

In terms of specific, the best way to achieve optimal tax strategy would be to use a tax shelter like a Roth IRA which consists of contributions made with after tax dollars, and that allows the money to compound tax - free in the account and when it comes time for distributions.

No need to be shackled with after tax dollars.

A disadvantage of investing in a Roth IRA is that your initial Roth IRA contributions aren't tax deductible and are made with after tax dollars.

As a result, both types of entrepreneurs can grow the business with pre-tax dollars rather than after tax dollars, which leads to a geometric expansion of the business and its value for purposes of selling it.

Previously earmarked for college education, the federal plan would allow the 529 to pay for private and parochial K - 12 education with after tax dollars in accounts growing tax free for this tuition.

You may not want to scale back your monthly benefit amount if paying with after tax dollars.

A Roth IRA is a retirement plan for contributions made with after tax dollars.

But then we'd have screwed it for the future generations and all RRSP contributions will now be TFSA contributions made with after tax dollars.

(Tax Free Savings Account) We can only contribute 5500 / year in this with after tax dollars.

You're paying tax — or sorry, the money that you're paying on your credit card is after tax dollars, so what does that mean?

Instead of letting marketers part you with your after tax dollars, consider using it to pay down credit card debt or make an extra mortgage payment.

Both life insurance and 529 plans are tax - deferred, meaning they are paid for with after tax dollars and grow tax deferred.

Cash value life insurance accumulates cash value with after tax dollars, much like a Roth IRA, but offers total flexibility for cash withdrawals and policy loans.

as a dividend payment is with after tax dollars (from the company) vs a dollar for dollar deduction for an interest payment?

Both the question of taxes and the value of your dollar are important when considering either a Roth IRA or a whole life insurance policy because they are both funded with after tax dollars.

Your contributions to the plan would use after tax dollars but for folks who know they have an eligible expense coming it can make sense to continue via COBRA in retain your eligibility under the plan so you can incur a claim after your employment termination.

Unfortunately though, with a Roth IRA you have to contribute your after tax dollars so you don't get the AGI reduction like with a 401k or a traditional IRA.

The difference is these contributions are made with after tax dollars and are not tax deductible.

Using the dependent care FSA has at least allowed up to pay $ 5K of it tax free, but that we still pay another $ 15K with after tax dollars.

Since a Roth IRA is funded only with your after tax dollars, you won't receive this benefit when you use that particular type of account.

Because of the 25 % tax rate, you would actually only be contributing $ 7,500 per year (after tax dollars) into the ROTH IRA.

When done right, it should maximize your after tax dollars, which is the ultimate goal.