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deferred account

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Financial Dictionary

Deferred Account

An account that postpones tax liabilities until a later date. Deferred accounts are usually retirement accounts

Investopedia Commentary

With a retirement account that is deferred, you don't pay tax on the contributions until you pull them out of the account.

Related Links

Introductory Tour through Retirement Plans
Supplementing Your Retirement Income with IRAs

See also: Deferred Income Tax, Extended IRA, Income Tax, IRA, Roth IRA, RRSP, SEP, SIMPLE, Traditional IRA

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