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Further, those with both taxable and tax-deferred accounts may have low balances in their taxable accounts.
This dummy variable indicates if the individuals have tax-deferred pension savings in third-pillar private pension schemes.
About 35 % of the individuals who were entitled to participate in the new pension system had tax-deferred pension savings and clearly these individuals have experience of financial markets.
We have also indicated that it is an inappropriate instrument to either compensate for any distributional issues linked to tax-deferred savings plans, or to address foreign control.
In 2007, the money was placed into their tax-deferred retirement accounts, not given in cash.
Cash value growth in permanent plans is tax-deferred as long as the policy is in force.
Many investors will hold onto tax-deferred certificates for the full length of time and the interest earned can be quite substantial.
In theory, such tax-deferred compounding allows more money to be put to work while the savings are accumulating, leading to higher returns.
The overarching characteristic of the immediate annuity is that it is a vehicle for distributing savings with a tax-deferred growth factor.
Money deferred into non-governmental 457 plans may not be rolled into any other type of tax-deferred retirement plan.
The participant then has 60 days to complete the rollover of the funds to a qualifying account to preserve their tax-deferred status.
The taxpayer was a saver who was convinced to buy a deferred annuity because the inside buildup on such policies is tax-deferred.
Contributions are not tax-deductible, and earnings and growth accrue on a tax-deferred basis.
With tax-deferred certificates this means at the point of surrender all interest earned in the account is reportable and taxable in that year.
With either pre-tax or after-tax contributions, earnings from investments in a 401(k) account (in the form of interest, dividends, or capital gains) are tax-deferred.
