Typical examples include municipal bonds, Roth IRA and Roth 401(k) accounts. In contrast, IRA, 401(k), 403(b), and 457 accounts and annuities are tax deferred. Their gains pay no Federal income taxes while in the account, but are taxed at ordinary income tax rates when paid out as distributions.
Related Fool Articles
- [link link title]
Recent Mentions on Fool.com
- Obama and the Earned Income Tax Credit: What You Must Know Now
- Should You Buy a SodaStream to Save Money?
- McDonald?s: A Second Attempt at Mighty Wings
- H&R Block's Giant Loss Not a Problem, but Future Remains Foggy
- 3 Safe Bets for Conservative Investors
- Ignoring Suncor Energy Inc Could Be an Expensive Choice