Is A Retirement Plan An Asset?
- 61667 POINTSview profileSteve SavantSyndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale ArizonaQualified or non-qualified retirement plans are funded by various savings and investment vehicles. Those account funds are generally owned individually and are counted as assets of the account owner. When distributions are generated, any taxes due will be treated as ordinary income at the account owner's effective tax bracket rate.Answered on August 7, 2013flag this answer
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