Deferred AccountAn account that postpones tax liabilities until a later date. Deferred accounts are usually retirement accounts
Investopedia Says:With a retirement account that is deferred, you don't pay tax on the contributions until you pull them out of the account.
Related Terms:Deferred Income TaxExtended IRAIncome TaxIRARoth IRARRSPSEPSIMPLETraditional IRA
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