Sentences with phrase «deductible pension accounts»
Yet, the traditional approach treats $ 1,000 in deductible pension accounts as equivalent to $ 1,000 of after - tax funds in taxable accounts.
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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.
The deductible pension account represents $ 153,800 (1 — 0.35) or $ 100,000 of after - tax funds.»
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.