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Financial terms in "Tax"

1. 940-B Form

2. Subchapter S Corporation

3. tax-efficient

4. tax deposit certificate

5. fixed and variable rate allowance (FAVR)

6. tax cuts

7. equalization

8. claim for refund

9. tax loss harvesting

10. Equivalent taxable yield

11. negative carry

12. LLC

13. 1031 tax-free exchange

14. tax-managed mutual fund

15. 1040 Form Schedule L

16. Closing Statement

17. Cumulative Bulletin (CB)

18. Form 1065

19. exempt

20. tax harmonization

21. 1120-F Form Schedule I

22. Progressive tax

23. taxed

24. Tax liability

25. Green Taxes

26. Sale And Leaseback

27. Assessor

28. Notice Of Deficiency

29. GUST restatement

30. 1098 Form

31. unaudited opinion

32. Tax Reform Act of 1993

33. Ad valorem tax

34. property assessment

35. Laffer Curve

36. W-9S Form

37. franked income

38. Finance Bill

39. concessionally taxed

40. Appraiser

41. Accelerated Cost Recovery System

42. 1120 Form Schedule O

43. 1120-C Form

44. 1098-T Form

45. assessment of deficiency

46. tax schedule

47. revenue neutral

48. withholding tax

49. VAT declaration

50. tax assessment

51. drawback

52. IRD number

53. foreign tax credit

54. Revenue Stamp

55. Loophole

56. identified shares

57. inclusion amount

58. taxable wage base

59. non-qualified retirement plan

60. 1120 Form Schedule M-3

61. W-2C Form

62. basic rate

63. foreign earned income exclusion

64. non dom

65. 1120-H Form

66. Marginal tax rate

67. SARSEP

68. Return

69. annuitant

70. Unearned Income

71. tax year

72. Tax haven

73. accommodation trading

74. pay as you earn

75. long-term gain or loss

76. flower bond

77. MACRS

78. exempt income

79. 940 Form Schedule R

80. Electronic Federal Tax Payment System (EFTPS)

81. duty

82. dual-status taxpayer

83. W-2 Form

84. complete audit

85. 1120-L Form

86. 1040 Form Schedule EIC

87. decedent (IRD) deduction

88. W-9 Form

89. Abusive tax shelter

90. Fibonacci retracement

91. property inventory

92. net operating loss carry backs

93. zero capital gains rate

94. 1040 Form Schedule E

95. qualified disclaimer

96. 1099-OID Form

97. married filing jointly

98. qualifying widow/widower

99. 1040 Form Schedule SE

100. non-statutory stock option

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Definition / Meaning of

Catch-up Contribution

Categories: Retirement and Pension,

You are entitled to make an annual catch-up contribution to your employer sponsored retirement savings plan and individual retirement account (IRA) if you're 50 or older. The catch-up amounts, which are larger for employer plans than for IRAs, increase from time to time based on the rate of inflation. You are eligible to make catch-up contributions whether or not you have contributed the maximum amount you were eligible for in the past. And if you participate in an employer plan and also put money in an IRA, you are entitled to use both catch-up options.Earnings on catch-up contributions accumulate tax deferred, just as other earnings in your account do. And when your primary contributions are tax deferred, so are your catch-up contributions.health savings accounts (HSAs), which you're eligible to open if you have a high deductible health plan (HDHP), allow catch-up contributions if you're at least 55. Your eligibility to make any contributions to an HSA ends when you turn 65.

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