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ContributionMoney placed in an individual retirement account (IRA), an employer-sponsored retirement plan, or other retirement plan for a particular tax year. Contributions may be deductible or nondeductible, depending on the type of account.ContributionAn amount of money paid into an account. This can be a 'one off' payment or on a regular basis.Contribution Similar MatchesDeductible contributionDeductible contributionAmount paid into an IRA, an employer-sponsored retirement plan, or other type of retirement plan for a particular tax year that is a deduction from income for tax purposes. Contribution marginContribution marginThe difference between variable revenue and variable cost. Additional voluntary contributionsAdditional voluntary contributionsAdditional payments to a tax deferred savings account or an occupational pension scheme by an employee to boost a pension at retirement. Nondeductible contributionNondeductible contributionA contribution to either a traditional IRA or Roth IRA. Income tax is due on the contribution in the tax year for which the contribution is made. Contributions AgencyContributions AgencyAn executive agency within the Inland Revenue. The Contributions Agency deals with all aspects of NI (National Insurance) contributions. The agency has locations throughout the country. Further SuggestionsEquity contribution agreementvoluntary deductible employee contribution plan Federal Insurance Contributions Act defined contribution pension plan free standing additional voluntary contributions Defined contribution plan Excess contribution General Average Contribution Equal percentage contribution rule (EPCoR) simplified defined contribution scheme money purchase scheme (defined contributions scheme) National Insurance (NI) Contributions |
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