The deductible pension account represents $ 153,800 (1 — 0.35) or $ 100,000 of after - tax funds.»
In Portfolio C, he must withdraw $ 1,538 from the stock fund held in
a deductible pension account to buy $ 1,000 of goods and services; taxes consume the other $ 538... we can convert the $ 153,800 of before - tax funds to after - tax funds by multiplying by (1 — t), where t is his expected tax rate during retirement.
Yet, the traditional approach treats $ 1,000 in
deductible pension accounts as equivalent to $ 1,000 of after - tax funds in taxable accounts.
Not exact matches
Additionally, those who are self - employed can also make tax -
deductible contributions to a Simplified Employee
Pension account.
Other types of retirement income, such as
pension income and retirement
account withdrawals, are
deductible up to $ 12,000 for seniors.
We currently offer individual
accounts, owned by one person; retirement
accounts, such as traditional
deductible IRA
accounts, Roth IRAs, and Simplified Employee
Pensions; and joint
accounts that can be held by more than one person.
Downsizer contributions are not tax
deductible and will be taken into
account for determining eligibility for the age
pension.
Other types of retirement income, such as
pension income and retirement
account withdrawals, are
deductible up to $ 12,000 for seniors.