[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.
Traditional 401(k)s and IRAs give you a tax break while you're saving for retirement, but income tax is due on each withdrawal from the account. With a Roth IRA, you contribute after-tax dollars, but withdrawals from these accounts, including the earnings, are often tax-free.To decide which type of retirement account is best for you, you need to compare your current tax rate to what you think your tax rate will be in retirement.f you withdraw money from a traditional IRA account before age 59Â½, a 10 percent early withdrawal penalty will be applied to the distribution in addition to regular income tax.