| Withdrawals from tax-deferred accounts will show up as ordinary income in the year in which they are withdrawn. |
| They can also convert tax-deferred individual retirement plans into Roths by paying the taxes. |
| As a result, seniors face a dramatic erosion in the purchasing power of tax-deferred savings in their later years. |
| There's a program where a farmer, during a good year, can take excess money and, rather than pay taxes on it or reinvest it in equipment if they don't need to, can put it into a tax-deferred type of account. |
| Don't forget that tax-deferred accounts do not eliminate tax, they only defer it. |
| An IRA is a great way for you to put away money that will grow tax-deferred for your retirement. |
