Both types of pension plan allow the worker todefer tax on the retirement plan’s earningsuntil withdrawals begin. This tax treatment allows the employee to reinvest the full complement ofdividendincome, interest income, andcapital gains, all of which compound and can generate a much higher rate...
A municipal government will typically issuemuni bondsfrom which the proceeds from the bond investors will be used to undergo a project. The certificate of participation is an alternative to municipal bonds in which an investor buys a share in the improvements or infrastructure the government entity ...
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