Planning Briefs
When Two Out Of Three Ain't Bad
Published Tuesday, February 11, 2014 at: 7:00 AM EST
From a tax perspective, a dream retirement account probably would encompass three elements:
Contributions to the account would be tax-deductible. Accumulation of earnings within the account would be tax-deferred. Distributions from the account would be tax-free.
Of course, there’s no such animal, but various types of accounts can deliver two of those three elements. And two out of three ain’t bad.
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