Sentences with phrase «bracket than the employee»
The ability to use corporate dollars to pay for personal life insurance which can leverage the benefit, especially if the corporation is in a lower tax bracket than the employee is.
https://www.investopedia.com/ Not exact matches
Few executives show more public passion for March Madness than the Berkshire Hathaway (BRK - A) CEO, whose contest for Berkshire employees this year offers a prize of $ 1 million per year for life for correctly predicting the Sweet Sixteen, or $ 1 million for nailing the first 32 games, or $ 100,000 to the person whose bracket remains perfect the longest.
If the employee is in a higher tax bracket during retirement than he is when he is putting money in the Roth 401 (k), the plan allows him to pay a lower tax rate than he would in a regular 401 (k)-- since withdrawals during retirement are tax free.