Tax Time Again
Updated: 1/17/00
Retirement Plans
You may be able to deduct some or all of the amount you contributed to your Individual Retirement Arrangement (IRA).
If you contribute to a 401(k) plan, you might be interested in the rules for contributions, distributions, and taxes.
If you left your job, you may rollover funds from one employer's retirement plan to another tax free, if you follow the rules.
You may have to pay taxes on the amounts you receive each year from your pensions and annuities.
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Clipart courtesy of Corel Corporation.
Copyright © 2000, J. Steven Niznik. All Rights Reserved.
