[Donât worry, little cheer skirt: help is on the way!] So the little under-$5 pleated cheer skirt got itself a totally spirited outfit completer! Wheeee! So my cute little mini cheerleader is ready to cheer awayâ¦ Or, well, more accurately, ready to ignore the game, eat snacks, and run around kicking the soccer ball. â¦But she does look cute doing it.
DEFINITION of 'Tax-Advantaged'. Any type of investment, account or plan that is either exempt from taxation, tax-deferred or offers other types of tax benefits. Examples of Tax-Advantaged investments are municipal bonds, partnerships, UITs and annuities. Tax-advantaged plans include IRAs and qualified plans.
Avoiding income taxes during retirement requires knowledge of the various types of 401(k)s and IRAs. Money in tax-advantaged investment accounts, such as 401(k)s and IRAs, can only be taxed on one of two occasions: when the money goes into the account or when the money comes out.