(800) 290-7226
Presented by Brokers Alliance and Eric Palmer
Qualified Plans are generally tax deductible, accumulate tax deferred and are taxable in distribution scenarios. Establishing the customer’s current marginal blended tax during the contributing – accumulation & distribution is necessary to calculate the net spendable income at retirement. Qualified plan distributions are also includable in provisional income for social security benefit taxation. Keep in mind that 401Ks ate employee plans subject to Social Security & Medicare taxation before contributions.

Non-Qualified Life Insurance is not tax deductible, but does accumulate tax deferred and may be tax free and if so is not included in the provisional income test for social security benefit taxation.

Show Giveaways can be order at thebiz@brokersalliance.com
The Provisional Income Test for Social Security Benefit Taxation

This video was produced by

____________________________
Follow Us On Social!
____________________________

TWITTER:
FACEBOOK:
INSTAGRAM:
WEBSITE:
GOOGLE+:
LINKEDIN: …(read more)

LEARN MORE ABOUT: Qualified Retirement Plans

REVEALED: How To Invest During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing