Tax-deferred investments in particular refer to retirement accounts which allow deferral of taxes on contributions, growth, or both; taxes are not paid until withdrawal of funds during retirement. See401(k),IRA,annuity.
tax-deferred inTax topic From Longman Dictionary of Contemporary Englishˌtax-deˈferredadjectiveAmerican Englishnottaxeduntil a later timetax-deferred savingsExamples from the Corpustax-deferred•You may learn abouttax-deferredannuities, otherretirementplans, dollar-costaveragingand so on.•In atax...
Define Deferred tax. Deferred tax synonyms, Deferred tax pronunciation, Deferred tax translation, English dictionary definition of Deferred tax. adj. 1. Of or relating to an investment that is not liable to taxation until income is withdrawn or an appoin
Define Annuity, Tax Deferred. Annuity, Tax Deferred synonyms, Annuity, Tax Deferred pronunciation, Annuity, Tax Deferred translation, English dictionary definition of Annuity, Tax Deferred. n. an annuity that enables one to purchase an insurance product
“Tax-deferred.”Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax-deferred. Accessed 8 Nov. 2024. Copy Citation Share Facebook Twitter Legal Definition tax-deferred adjective :not taxable until a future date or event (as withdrawal or retirement) ...
A definition of the term "tax-deferred retirement accounts" is presented. It is an investment where taxes become due only when the investor takes possession of the investment or it is sold. These are among the best ways to save for retirement because it lets people keep money that would ...
A deferred tax liability is a listing on a company's balance sheet that records taxes that are owed but are not due to be paid until a future date. 递延所得税负债是公司资产负债表上的一个列表项目,记录了所欠付但在未来某个日期才到期应付的税款。 The liability is deferred due to a differen...
Financial Definition of Deferred Tax Asset and related terms: Future tax benefit that results from (1) the origination of a temporary difference that cause...
I also agree that Traditional IRA’s and 401K accounts are great examples of tax deferred accounts. The balance of these account grow tax deferred which means that the tax payment is due upon withdrawal which is usually at retirement. There is a lot of debate as to which accounts are ...
Tax-Deferred Accounts Tax-deferred accounts allow you to realize immediatetax deductionson the full amount of your contribution, but future withdrawals from the account will be taxed at yourordinary-incomerate.1The most common tax-deferred retirement accounts in the U.S. aretraditional IRAsand401(...