Year-end tax planning for 2013: qualified and non-qualified plansBlog added by Steve Savant on December 11, 2013
Steve Savant

Steve Savant

Scottsdale , AZ

Joined: January 28, 2005

Qualified plans are generally popular because of pre-tax or deductible contributions and tax deferral accumulation. Some employer-sponsored defined contribution plans even match employee contributions to some degree. But ultimately those plans are subject to ordinary income taxation and could trigger Social Security benefit taxation. A new trend for lower tax bracket savers may be non-qualified tax-deferred plans and/or Roth IRAs. Steve and Ken reintroduce Roth conversions as an option to lower retirement income taxation.

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