Sentences with phrase «offers immediate tax benefits»

Not exact matches

These immediate state - level tax benefits are what will almost certainly draw more people who are paying private school tuition into 529 accounts — any family paying private school tuition in a state offering 529 tax benefits would be foolish, financially speaking, not to make use of them.

The tax benefits of tax deferral requires some time to realize a benefit and thus would present a greater benefit (in terms of suitability) whereas immediate annuities offer a steady guaranteed income for older individuals for retirement.

Commute up to one - third of the benefit amount available on the termination of the policy, or to the extent allowed under the Income Tax Act, and utilize the balance amount to purchase an immediate annuity plan offered by ICICI Prudential at the then prevailing annuity rate

In addition to offering an income - tax - free death benefit that can help address immediate and future needs, FIUL also has the potential to accumulate tax - deferred cash accumulation.