Retirement Calculator

Product Description: This digital document is an article from The Tax Adviser, published by American Institute of CPA's on March 1, 1994. The length of the article is 699 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The use of individual retirement accounts (IRAs) by foreign nationals who may not be eligible for a US qualified benefit plan can provide them with particularly advantageous tax planning opportunities. IRA contributions are deductible and only subject to US taxation on distribution. The advantage is that the deduction given to those making IRA contributions while fully employed is often at a higher rate than the taxation IRA benefits after retirement. For citizens of the UK working in the US, the tax treaty between the US and the UK may allow the taxpayer to receive the current deduction and avoid taxation on distribution completely.

Citation Details
Title: IRA contributions by foreign nationals: long-term investments with short-term returns. (individual retirement account)
Author: Artemis Velahos Koch
Publication: The Tax Adviser (Magazine/Journal)
Date: March 1, 1994
Publisher: American Institute of CPA's
Volume: 25 Issue: n3 Page: 141(2)

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