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misserz0210 misserz0210
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11 months ago
When a retirement plan is tax-qualified,

▸ earnings on plan assets are subject to additional federal income taxes, including a higher tax rate.

▸ federal income taxes on contributions made to the plan and earnings on plan assets are not assessed until withdrawal at retirement.

▸ earnings on plan assets are subject to a lower federal income tax rate.

▸ contributions made to the plan and earnings on plan assets are exempt from federal income taxation.
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Personal Finance

Personal Finance


Edition: 2nd
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overlandtrailoverlandtrail
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11 months ago
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misserz0210 Author
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11 months ago
This site is awesome
hmonier
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Yesterday
Good timing, thanks!
prime7105
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2 hours ago
Thanks for your help!!
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