Start Trading with HY Markets
Click here to start trading with HY Markets

Showing Tag: "retirement" (Show all posts)

Retirement Annuity Trust Schemes (“RATS”)

Posted by on Tuesday, October 13, 2009, In : Retirement 

What is a Retirement Annuity Trust Schemes?

Retirement Annuity Trust Scheme (RATS) are an alternative to the traditional insurance company based pensions and refer to any trusts that are established under the jurisdiction’s tax/ retirement laws to provide retirement benefits for the members. In essence the law will treat Retirement Annuity Trust Scheme (RATS) in the same way as personal pension plans.

Retirement Annuity Trust Schemes (RATS) is a tax efficient retirement plan that offers an at...


Continue reading ...
 

What is an Individual Retirement Arrangement?

Posted by on Tuesday, October 6, 2009, In : Individual Retirement Arrangement 

An Individual Retirement Arrangement (or IRA) is a retirement plan account that provides some tax advantages for retirement savings in the United States.

There are number of different types of IRAs, which may be either employer-provided or self-provided plans. The types include:

Roth IRA - contributions are made with after-tax assets, all transactions within the IRA have no tax impact, and withdrawals are usually tax-free. Named for Senator William Roth.
Traditional IRA - contributions are ...


Continue reading ...
 
 
Make a Free Website with Yola.