Tax-sheltered sentence example

tax-sheltered
  • Put simply, the basic definition of a tax sheltered annuity is the system in which you pay into a retirement plan via your employer.
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  • In most cases, tax sheltered annuities offer the added bonus of employer contributions as well.
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  • Deferring taxes on the amount you invest into your retirement plan is a huge benefit of tax sheltered annuities.
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  • Don't forget that if you have a lump sum of money, and you want to put it away for future use, an annuity can offer tax-sheltered growth.
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  • A tax sheltered annuity, or a 403(b) plan, is a retirement plan available to employees working for specific types of employers.
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  • Ministers may be able to contribute funds to a tax-sheltered annuity if they are employed by tax-exempt organizations.
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  • An individual cannot set up a tax sheltered annuity, only their employer can.
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  • Employers who are interested in opening up a tax sheltered annuity plan for employees will want to consider their options carefully.
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  • Employees working for eligible organizations can find out about the terms and conditions of a tax sheltered annuity from the plan's administrator.
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