Individual Retirement Arrangement and Irredeemable: Difference between pages

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imported>Doug Williamson
(Create page - source - Wikipedia - https://en.wikipedia.org/wiki/Individual_retirement_account)
 
imported>Doug Williamson
(Create the page. Source: ACT CFF exam April 2015.)
 
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''Pensions - defined contribution - US.''
A bond, preference share, or other security which pays periodic coupons or dividends in perpetuity, but never repays the principal.  
 
(IRA).
 
An Individual Retirement Arrangement is a tax-advantaged pension plan in the US.
 
The IRA trust holds investment assets bought with a taxpayer's earned income, to be accumulated for the taxpayer's future retirement.


Also known as 'perpetual'.


== See also ==
== See also ==
* [[401(k) plan]]
* [[Bond]]
* [[Annuity]]
* [[Preference shares]]
* [[Contributions]]
* [[Security]]
* [[Defined contribution pension scheme]]
* [[Earned income]]
* [[Internal Revenue Service]]  (IRS)
* [[Pension]]
* [[Stakeholder pension scheme]]
* [[Tax]]
* [[United States]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 15:22, 25 June 2015

A bond, preference share, or other security which pays periodic coupons or dividends in perpetuity, but never repays the principal.

Also known as 'perpetual'.

See also