Deductible contribution
Amount paid into an IRA, an employer-sponsored retirement plan, or other type of retirement plan for a particular tax year that is a deduction from income for tax purposes.
Maximum Deductible Contribution (MDC): the maximum amount per annum allowed to be contributed into a superannuation fund for which a tax deduction is allowed. The limit is dependent on your age.
Maximum Deductible Contribution (MDC): the maximum amount of super contributions per annum for which a tax deduction is allowed. The limit is dependent on your age.
nondeductible contribution The funds contributed to a qualified retirement plan, and not deductible for tax purposes. These contributions are voluntary.
Nondeductible contribution
Nondeliverable Forward Contracts (NDF)
Nondiscretionary trust
Nondiversifiability of human capital
Nondiversifiable risk
Nonfinancial assets
Nonfinancial services
Noninsured plans
Noninterest-bearing note ...
A traditional IRA allows tax-deductible contributions of up to $4,000 per year, or more if you are over age 50. Whatever you contribute towards your IRA comes off your yearly income, thereby reducing total tax liability.
Traditional IRA An IRA that may be funded with tax-deductible and/or non-tax-deductible contributions. Deductible contributions and the earnings on them are taxed at withdrawal.
This individual can make nondeductible voluntary contributions and tax-deductible contributions subject to a maximum limit of 25% of earned income up to $30, ...
Keogh Plan: A qualified retirement plan for self-employed individuals and their employees to which tax-deductible contributions up to a specified yearly limit can be made if the plan meets certain requirements of the Internal Revenue Code.
Contributions Tax: Income tax charged on assessable income of superannuation fund. This tax (currently 15%) is applied to assessable contributions, including employer, salary sacrifice and personal deductible contributions and investment earnings.
SEPs (Simplified Employee Pension plans): These are employee individual retirement accounts to which an employer can make tax-deductible contributions.
You may be able to qualify if you participate in corporate retirement plans and don't qualify for deductible contributions to the conventional IRA.
401(k): A retirement savings vehicle that employers offer.
The maximum contribution to a Roth IRA and the maximum deductible contribution to a traditional IRA may be reduced depending upon your modified adjusted gross income (modified AGI).
 See also: Investment, Deductible, Contribution, Income, Long
  
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