Sentences with phrase «special type of retirement plan»
Reply Cheryl April 5, 2011 at 11:26 am If you are self - employed, you may be eligible for a special type of retirement plan.
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OverviewGet job experienceBuild a credit score fastProperty buying tipsPay less taxInvest wiselyInsurance to buyFinding childcareAvoid scamsDirectory of free resourcesGetting started checklist RRSPs: A Registered Retirement Savings Plan is a special type of account that shelters your retirement savings from tax.
A Roth IRA is a special type of individual retirement plan that is generally not taxed, provided certain conditions are met.
For example, if retirement assets (pensions, profit - sharing plans, 401 (k) plans, or other tax - deferred retirement - type plans) are involved in your case, a special court order called a QDRO (Qualfied Domestic Relations Order) or a DRO (Domestic Relations Order) or a similar type of court order dividing retirement plan interests must be prepared, approved by the retirement plan administrator, signed and filed by the judge, served on the retirement plan administrator and then implemented by that plan administrator.