You pay taxes on your money only when you make withdrawals in retirement. Deferring taxes means all of your dividends, interest payments and capital gains can compound each year without being hindered by taxes-allowing an IRA to grow much faster than a taxable account.ou pay taxes on your money only when you make withdrawals in retirement. Deferring taxes means all of your dividends, interest payments and capital gains can compound each year without being hindered by taxes-allowing an IRA to grow much faster than a taxable account.
Timothy Hutton said of his 'Best Supporting Actor' Oscar for Ordinary People to USA Today: About five years ago, my sister and I were having a party at my house in upstate New York. She put it in the refrigerator. She thought that would be kind of funny to put the Oscar in the refrigerator when people would go grab a beer or something...
Timothy Hutton made history in 1981 when he won a best supporting actor Oscar for his work in Ordinary People at just 20 years old, making him the youngest male actor to take home the prize. He also might just hold the record (along with Richard Dreyfuss) for the coldest Oscar, because his shiny gold statue is in his fridge. He once said that his sister thought that [it] would be kind of funny to put the Oscar in the refrigerator [so] when people would go grab a beer or something [they'd see it]...