If retirement
asset accumulation took place within a single public fund and if the public fund owned shares in thousands of companies, Congress or public trustees would have to decide how these shares should be voted.
Not exact matches
In fact, most of us have an extremely «active» wealth
accumulation strategy called a day job that
takes up a lot of time and is our most valuable
asset.
Because IRAs were created to provide income during retirement — not to be a tax shelter — IRA owners failing to
take their RMDs are subject to a 50 percent excess
accumulation penalty tax on the
assets that should have been distributed but were not.
While the husband made the primarily monetary contributions to the family, the wife contributed to the
accumulation of marital
assets by agreeing to live below the couple's substantial means and by
taking care of their son and home.
Keep in mind that even with a large
accumulation of
assets, you still
take a big risk by cancelling your life insurance policy, especially if you have dependents.