Sentences with phrase «pre-tax dollars paid»

Employers are required to withhold 20 % of the pre-tax dollars paid out of a qualified retirement plan unless the distribution is directly rolled to a retirement account (IRA or another employer plan).

Not exact matches

These benefits are paid for with «pre-tax dollars.»

These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).

Using easy numbers, say you pay 40 % in total taxes and have $ 10k pre-tax dollars to invest.

Save money to pay for qualified health or dependent care expenses with pre-tax dollars.

Also, Menchie's Franchise Development Managers have experience helping franchise candidates explore other sources of financing, such as home equity lines of credit and self - guided IRAs, which can allow you to start a business using pre-tax dollars without penalties or paying income tax on the start - up dollars.

Health Savings Account (HSA)-- This is a personal savings account designed to let participants pay for medical expense with pre-tax dollars.

The tradeoff is that you must pay taxes on anything you convert from a Traditional IRA, since these accounts are funded with pre-tax dollars.

In practice that means that for every pre-tax dollar you earn each month, you should dedicate no more than 36 cents to paying off your mortgage, student loans, credit card debt and so on.

You can not deduct any medical expenses that have been paid for by somebody else or that you paid for with pre-tax dollars.

Their employer may have also offered them a way to save pre-tax dollars in a special account to help pay for that, but the study data don't show that.

¹ Your HDHP provides protection from catastrophic medical costs, and the HSA provides you with a source of funds to pay some or all of the costs not covered by the health plan — using pre-tax dollars.

Estimate of typical annual pre-tax spending in today's dollars, assuming a paid - for home.

A health savings account (HSA) allows you to pay for medical expenses using pre-tax dollars.

A couple ways it may be taxable is if your estate exceeds the federal estate tax exemption limit, which is $ 11.2 million in 2018, or your premiums paid into the policy came from pre-taxed dollars.

The primary pro is of course the tax deductible premiums OR put another way, the ability to pay premiums with pre-tax dollars.

Premiums for qualified annuities are paid with pre-tax dollars whereas all other types of annuity premiums are paid with after - tax dollars.

This strategy enables an affluent family not only to split income, but also pay for expenses with pre-tax dollars.

As pointed out in KeithB's comment, you can not deduct any health insurance premium (or other medical expense) that was paid for out of pre-tax dollars, nor indeed can you deduct any medical expense to the extent that it was paid for by the insurance company directly to hospital or doctor (or reimbursed to you) for a covered expense; e.g. if the insurance company reimbursed you $ 72 for a claim for a doctor's visit for which you paid $ 100 to the doctor, only $ 28 goes on Schedule A to be added to the amount that you will be comparing to the 7.5 % of AGI threshold, and the $ 72 is not income to you that needs to be reported on Form 1040.

If your employer permits your family to be covered under its health insurance plan (for a cost, of course), check whether you are allowed to pay for the insurance with pre-tax dollars.

You must include income from long - term or short - term disability benefits whose coverage your employer paid using pre-tax dollars for the plan year when you became disabled.

The tradeoff is that you must pay taxes on anything you convert from a Traditional IRA, since these accounts are funded with pre-tax dollars.

«You're doing that with pre-tax dollars, so it's like you're getting a discount on all the services and premiums that you pay,» Titus said.

But if your boss offers a child care reimbursement account, which allows you to pay for the child care with pre-tax dollars, that might be a better deal.

With disability insurance benefits, paying tax depends on whether you paid the premiums with pre-tax or after - tax dollars.

If your employer has a health savings account or flex spending account program, it'll let you pay for deductibles, uncovered dental expenses and prescription drug co-pays with pre-tax dollars, saving you more money.

Should you pay fees from your IRA with pre-tax dollars or from your taxable account?

There is also the immediate benefit of paying the fee this year with pre-tax dollars versus waiting for a potential benefit in the future.

Finally, if you choose to pay fees with pre-tax dollars from an IRA, make sure the retirement account is only paying the fees attributable to managing the IRA account itself.

Assuming the retirement account is all pre-tax dollars, the entire fee will be paid with pre-tax dollars, which is effectively the same as a tax deduction.

I would love to be able to pay my accountant and attorney bills out of my IRA with pre-tax dollars.

If your employer pays your premiums, or you pay them with pre-tax dollars, any benefits received will be taxable.

The Health Savings Account (HSA) allows you to set aside pre-tax dollars to pay for current or future qualified medical expenses, similar to flex - spending accounts.

If your employer provides a way to pay for child care with «pre-tax» dollars — that is, money that's taken out of your paycheck before taxes are calculated — the amount you save in taxes may be greater than what you get with the credit.

However, because pre-tax dollars are generally used to fund both accounts, your taxable income for the year you contribute may be lowered — meaning you'll likely pay less in income tax.

When using a traditional IRA, you contribute your dollars pre-tax, and you will pay taxes only when you withdraw later in retirement.

Remember how your 401 (k) uses pre-tax dollars and you pay income tax when you take the money out at retirement?

Some retirement plans, such as a 401 (k) or Traditional IRA (Individual Retirement Account), are funded with pre-tax dollars, meaning you don't pay taxes on the money until you make a distribution in retirement.

What's more, because you put in pre-tax dollars, you have to pay taxes on the money you withdraw (including everything it earned)-- and a penalty if you fail to withdraw enough.

Whether you're planning to go back to school or you want to help your kids pay for college, a 529 plan can help you save for school with pre-tax dollars.

It works a lot like a 401k, which leverages pre-tax dollars to invest and you pay income tax when you withdraw the money at retirement.

And self - employed people can pay their premiums with pre-tax dollars!

I might also point out that when they buy back shares, they do so with profits — that is, after - tax dollars — whereas if they simply paid CEOs more the extra salary would come from pre-tax dollars.

Also, stuff I would have paid for with after - tax dollars, like a laptop, I can now pay for with pre-tax dollars since they are crucial to running the business.

Maxing out my 401k pre-tax dollars for 20 years has saved me a ton of taxes (I've paid < $ 50 in income taxes in 11 years, but with some better planning, I could have done some other things.

Money contributed into these plans are «pre-tax dollars,» which means, taxes are not paid on these deposits until the money is withdrawn from the retirement plan.

Because it comes right out of your paycheck, a Roth contribution is likely to reduce your take home pay by more than a similar contribution to the traditional option, which is made using pre-tax dollars.

As traditional IRAs are generally funded with pre-tax dollars, you will still need to pay taxes on the amount you withdraw.

You want to withdraw some of your after - tax contributions without paying tax on any pre-tax dollars.

You can deduct the premiums you pay for health insurance coverage, unless your employer pays for your coverage through a payroll deduction using pre-tax dollars.