Difference between revisions of "Traditional IRA"
(Created page with " ==Definitions== According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition), : ==Related concepts== *Financial manageme...") |
|||
| Line 1: | Line 1: | ||
| − | + | [[Traditional IRA]] is an individual retirement arrangement in which qualified contributions are tax deductible and income and capital gains on investments within the account are not taxed until the money is withdrawn after age 59½. | |
==Definitions== | ==Definitions== | ||
According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| − | : | + | :[[Traditional IRA]]s. Individual retirement arrangements in which qualified contributions are tax deductible and income and capital gains on investments within the account are not taxed until the money is withdrawn after age 59½. |
==Related concepts== | ==Related concepts== | ||
Latest revision as of 18:04, 1 November 2019
Traditional IRA is an individual retirement arrangement in which qualified contributions are tax deductible and income and capital gains on investments within the account are not taxed until the money is withdrawn after age 59½.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Traditional IRAs. Individual retirement arrangements in which qualified contributions are tax deductible and income and capital gains on investments within the account are not taxed until the money is withdrawn after age 59½.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
