What A Tax Deferred Retirement Plan?

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   Ted Ratliff

   Owner, SFS Associates,

   A tax deferred retirement plan simple means that the retirement program, such as an annuity is tax deferred  (or not taxable) until you take it out.  Usually when you begin taking withdrawals from your annuity your income bracket is lower than when you were working, making a tax deferred annuity an attractive way to set up your retirement plan and guarantee a lifetime income.

   Answered on May 28, 2013

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