plans--403(b) and 457 plans--also are used widely by public-sector and nonprofit workers.
IOVAs are a subset of variable annuity that are, as the name suggests, focused on the investment potential of a tax-deferred annuity
An MEC, purchased as a single premium life insurance policy taxed as a MEC, may be a preferred alternative to a non-qualified, tax-deferred annuity
by clients aiming to maximize the value of legacy assets for beneficiaries.
Advisors will jump at a chance to distribute tax-deferred annuity
2) With limited exceptions, an individual may not transfer his or her interest in a qualified plan, IRA or tax-deferred annuity
without triggering the recognition of the unrealized gain or income in the plan, account or annuity.
Properly set up, a legal fee structure takes the lump sum that would otherwise go to the client and puts it to work in a tax-deferred annuity
By comparison, Eugene School Superintendent George Russell - whose salary is $116,802 - receives PERS contributions totaling 17 percent of salary and just less than $20,000 per year, along with a district-paid tax-deferred annuity
that totals $18,000 in contributions per year.
Had these same taxpayers been invested in those same mutual funds through a tax-deferred annuity
, the funds would have shrunk but they would not have had to pay tax on phantom income.
Bergin, archdiocesan vicar for education, said the Catholic High School Association, which represents the 10 schools, would "significantly increase the amount of matching money contributed to the teachers' tax-deferred annuity
A large part of the difference is due to the non-profit tax status of hospitals that provide tax-deferred annuity
403(b) plans versus 401(k) plans.
The Northwestern residents stopped short of forming a union in favor of a "house staff organization" which won a number of perks including a tax-deferred annuity
, additional parking, and lower-cost enhanced health benefits.
The owner can switch funds within a fund family, as well as trade between fund families, making transactions at no cost or taxation because they occur under the umbrella of a tax-deferred annuity