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Reil [10]
3 years ago
15

Contributions to _______ aren't tax deductible, but withdrawals made at retirement aren't taxed.

Business
1 answer:
Lena [83]3 years ago
5 0

Answer:

Contributions to Roth IRAs aren't tax deductible, but withdrawals made at retirement aren't taxed.

Explanation:

Roth IRA refers to an individual retirement account that allows a tax-free growth and tax-free withdrawals in retirement. Roth IRAs are best when one's taxes would be higher at the point of retirement than present day.

The contributions made to the Roth account are are often made with after-tax money, which cannot be deduct; for this reason, the contribution grows and these contributions aren't taxed.

It is also to be note that, earnings in a Roth account can be tax-free rather than tax-deferred

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A federal covered registered investment adviser completes a notice filing with the State on October 1st. This will:
Masteriza [31]

Answer:

This will:

C. expire on December 31st of the current year

Explanation:

A Registered Investment Adviser (RIA) can be an individual or company that provides investment advice portfolio management services for individuals who have a high net worth. A RIA has an obligation to it's client to offer advice and management in the client's best financial interest. One of the requirement of an RIA is to be registered by the Securities Exchange Commission or the state securities administrators. RIAs are usually paid based on the value of the assets they manage on behalf of their clients, usually 1% of the total value of the assets. RIAs usually operate on a fiduciary capacity. This means that they are held at a higher regard than registered representatives which means that their conduct towards the client's interest should be impeccable even if their own interest is at stake.

When an annual registration is made, it is valid only until December 31st of that particular year. Registrations and notice filings can be made by an agent, investment adviser or even and investment adviser representative. However, if a registered investment adviser renews their annual fee, the expiry date is carried forward to the following year.

6 0
3 years ago
How many states require workers' compensation insurance?
dolphi86 [110]

I would say 50, if im wrong im sorry

8 0
3 years ago
Read 2 more answers
A new firm is developing its business plan. It will require $565,000 of assets, and it projects $452,800 of sales and $354,300 o
lbvjy [14]

Answer:

58.11%

Explanation:

Sales = $452,800

Operating costs= 354,300

Operating Income (EBIT) = $98,500

TIE= 4.00

Maximum interest expense= EBIT/TIE= $24,625

Interest rate= 7.50%

Max. debt =Max interest/Interest rate = $328,333

Maximum debt ratio=Debt/ Assets= 58.11%

6 0
3 years ago
Suppose that you are on a desert island and possess exactly 20 coconuts. Your neighbor, Friday, is a fisherman, and he is willin
Kisachek [45]

Answer:

a) see attached graph

b) slope = -1/2 = -0.5

c) slope = -1/3 = -.033

d) trading with Kwame (green line)

e) you should trade with Kwame since you can obtain more fish (up to 60 in total)

4 0
4 years ago
If the adoption of a new product will reduce the sales of an existing product, then the projected sales should:_______.
kakasveta [241]

Answer:

C. equal the incremental increase in total sales.

Explanation:

This analysis is mostly used in a lot of cases by companies in checking the profitability of all their dealings which is been done in segments here. In the case above equalling total sale increment comes on if reduction will be seen in the old stock value when the new product comes on board. This is seen to be done by companies mostly when it puts its attached statement from their income to the earned total.

Also, summations of this kind is also seen to manipulate the revenue change percentage which is dependent on when these events were been documented.

8 0
3 years ago
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