income drawdown — See income withdrawal. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
Income taxes in Canada — constitute the majority of the annual revenues of the Government of Canada, and of the governments of the Provinces of Canada. In the last fiscal year, the government collected roughly three times more personal income taxes than it did corporate… … Wikipedia
Withdrawal Plan — 1) A payment structure arranged with a mutual fund in which the investor receives a set amount of funds from the fund on a periodic basis. This is also called a systematic withdrawal plan . 2) Any strategy in which an investor liquidates a… … Investment dictionary
Withdrawal Benefits — The rights of an employee who has a qualified pension plan to cash out any accumulated benefits upon leaving an employer. Withdrawal benefits under a defined contribution plan may allow the employee to have immediate rights to any contributions,… … Investment dictionary
Withdrawal Credits, Pension Plan — The rights of an employee who has a qualified pension plan to cash out any accumulated benefits upon leaving an employer. Under a pension plan, through withdrawal credits, the employee may have immediate rights to any contributions plus any… … Investment dictionary
Registered Retirement Income Fund — A Registered Retirement Income Fund or RRIF is a tax deferred retirement plan under Canadian tax law. Individuals use an RRIF to generate income from the savings accumulated under their Registered Retirement Savings Plan. As with an RRSP, an RRIF … Wikipedia
Tax on cash withdrawal — is a form of taxation known to exist in Pakistan.This tax is levied on the withdrawal of cash from the bank accounts by the customer. The customer account will be debited to give effect of this tax. This tax helps in documentation of the economy … Wikipedia
Adjusted gross income — Part of a series on Taxation Taxation in the United States … Wikipedia
Adjusted Gross Income — (AGI) is a United States tax term for an amount used in the calculation of an individual s income tax liability. AGI is calculated by taking an individuals gross income and subtracting the income tax code s enumerated deductions, and is an… … Wikipedia
Hardship Withdrawal — An emergency withdrawal from a retirement plan that may be subject to certain tax or account penalties. In the United States, funds withdrawn prior to the age of 59.5 are typically subject to a 10% Internal Revenue Service (IRS) early withdrawal… … Investment dictionary