Daniel Has Accepted a New Job and Is Reviewing the Retirement
Daniel has accepted a new job and is reviewing the retirement plan information.He has a choice of participating in the company's conventional Sec.401(k)plan or a Roth 401(k)plan.Explain the difference between the two plans in terms of employee contributions and retirement distributions from the plan.
Discuss the tax treatment of a nonqualified stock option plan.
Johanna is single and self-employed as a technology consultant.She wants to set money aside for her retirement.What tax and financial issues should she consider?
Why did Congress establish Health Savings Accounts (HSAs)? How do HSAs operate?