While IRS Publication 590 specifies "individual retirement arrangements," that term is meant to broadly represent a wide variety of individual retirement accounts, individual retirement annuities, and other trusts or custodial accounts that act as a personal savings plan that provides tax advantages for ...
A custodial account invested in mutual funds A retirement income account set up for church employees Though it's sometimes called a "tax-sheltered annuity", a 403(b) plan might not be set up as an annuity. It might be an account invested in mutual funds, or an account invested in both...
8332Release / Revocation of Release of Claim to Exemption for Child by Custodial ParentIn divorce or marital separation situations, generally only the parent who has legal custody of the child can claim an exemption for the child and related tax deductions or tax credits. However, the custodial ...