Contribution


 

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Contribution

Money 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.

Contribution

An amount of money paid into an account. This can be a 'one off' payment or on a regular basis.



Contribution

Similar Matches

Deductible contribution

Deductible contribution

Amount 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 margin

Contribution margin

The difference between variable revenue and variable cost.


Additional voluntary contributions

Additional voluntary contributions

Additional payments to a tax deferred savings account or an occupational pension scheme by an employee to boost a pension at retirement.


Nondeductible contribution

Nondeductible contribution

A 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 Agency

Contributions Agency

An 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 Suggestions

Equity contribution agreement
voluntary 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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