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What type of account contains contributions made after tax dollars?
Wiki User
∙ 7y ago
Roth 401 (k) plan
Paige Grant
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What type of account contains contributions made with after-tax dollars?
roth 40
When are contributions made into IRA accounts?
You can make contributions any time during your tax year to an IRA account. Total IRA contributions for the tax year may not exceed your taxable income or $5,000 ($6,500 if over 50).
When a purchase on account is made the invoice becomes what?
When a purchase on account is made, the invoice becomes...
Who are some famous people who have made major contributions to society?
Florence Nightingale
Does one have to pay taxes in the interest earned on after tax contribution to a traditional IRA account?
Earnings within an IRA are not taxable in the year earned. A traditional IRA contributions are possibly tax deductible in the year made and are tax deferred until they are taken out of the IRA.
What type of account contains contributions made with after-tax dollars?
roth 40
What type of account contains contributions made with after- tax dollars?
Roth 401 (k) plan
Can you transfer your WikiAnswers contributions from your computer ID to your account?
Unfortunately there is no way transfer contributions made as an unregistered user to a registered WikiAnswers account.
When are contributions made into IRA accounts?
You can make contributions any time during your tax year to an IRA account. Total IRA contributions for the tax year may not exceed your taxable income or $5,000 ($6,500 if over 50).
Is your User ID your account name?
No, your ID when you contribute anonymously (without an account) on WikiAnswers is not your account name. It is just a temporary identification tag that allows others to see contributions made by unregistered users. When you sign up, you can choose your account name, and the ID is just a temporary identification tag to see the contributions of anonymous contributors.
What happens to somebody's Answers account after they die?
Assuming no-one else closes the account - it simply lies dormant. All contributions made by the person remain in the archives.
I just made an account on WikiAnswers and dont know how to view the questions I have asked?
You can go over the the section in the blue and select "My Contributions".
Are 401(k) contributions tax free?
Only qualified contributions to a Roth 401(k) account can be tax free. They are after-tax and can only qualify if the distributions are made more than 5 years after the first designated Roth contributions and not before the year in which the account owner turns age 59 and a half, unless an exception applies as detailed in IRS code section 72(t). The contributions are made income tax free. However upon withdrawl taxes are applied.
What are split contributions?
'Split Contributions' is the short-hand term for having the amount of contributions for a specific action totaled on your profile. If you go to any profile (including your own if you have an account), you will see that it shows how many answers, edits, etc., were made by a single contributor, and then the grand total.
Are both a 401K and an IRA considered to be a money market account?
A money market account (MMA) and a 401(k) plan are not the same. The former is a type of savings account while the latter is an investment account. Some of the key differences lie in the type of deposits, or contributions, made, how the money grows, and whether or not withdrawals can be made from the accounts .
What contributions was made by Mario Lopez?
The contributions that Mario Lopez made was being the best he can be.....
Franklin just deposited 364 dollars into his checking account If Franklin now has a total of 500 dollars in his account how much did he have originally?
Newly deposited amount: 364 dollars Current Bank balance: 500 dollars Previous balance:? Previous balance = current balance - newly deposited amount = 500 - 364 = 136 Franklin had 136 dollars in his account before he made the 364 dollar deposit
