Regarding tax favored retirement plans for employees and self-employed persons, comment on the following:

a. The exclusion versus deduction approaches as to contributions by participants.
b. Tax-free accumulation of earnings.
c. The deferral of income tax consequences.
d. Employee versus self-employed status.

Question

Regarding tax favored retirement plans for employees and self-employed persons, comment on the following:

a. The exclusion versus deduction approaches as to contributions by participants.
b. Tax-free accumulation of earnings.
c. The deferral of income tax consequences.
d. Employee versus self-employed status.

Quizplus · Accepted Answer

The Answer of Regarding tax favored retirement plans for employees and self-employed persons, comment on the following:

a. The exclusion versus deduction approaches as to contributions by participants.
b. Tax-free accumulation of earnings.
c. The deferral of income tax consequences.
d. Employee versus self-employed status.

Regarding Tax Favored Retirement Plans for Employees and Self-Employed Persons