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Financial terms starting with "T"

1. Teachers Working Time

2. T1-11

3. tier

4. tessera

5. Traveling Matte

6. Tuvalu Dollar

7. Type I Error

8. Technical Grade

9. total loan amount

10. Transboundary Pollution

11. TON

12. telemedicine

13. trading estate

14. type N mortar

15. Title Insurance

16. Types Of Household

17. Tolerance (Environmental)

18. Troposphere

19. Training For Unemployed Adults

20. third market maker

21. Type Of Data Collection

22. Tax Advisor

23. TRIN

24. Tax Allowance

25. Toxicity

26. Taiwan OTC Exchange (TWO) .TWO

27. tape blister

28. Target firm

29. tenancy in partnership

30. Time Fence

31. trowel

32. Tax Costs

33. Tonne-kilometre Offered (for Sea Transport)

34. T+1 (T+2,T+3)

35. Tax Benefit

36. Tied Selling

37. truss

38. Transaction Cost

39. Two-sided market

40. track lighting

41. Travel and entertainment expense

42. tax-loss selling

43. Treasury Bill

44. Tax Lien

45. trading loss coverage

46. total insured value provision

47. Takedown

48. Testamentary trust

49. total of all payments

50. testator

51. tracking unit trust

52. Terminal Emulation

53. Track (railway)

54. transfer-for-value rule

55. Tick-test rules

56. Tax Equity and Fiscal Responsibility Act of 1983

57. tank white

58. title binder

59. Trade Volume Index

60. tamper

61. Tangibility

62. takeover timetable

63. treasury budget

64. top producer

65. Tel Aviv Stock Exchange

66. Tertiary Education (ISCED 56)

67. transite pipe

68. Trustee Powers

69. tenancy

70. temper

71. Trade Mark

72. Time Of Recording - SDMX

73. Trust Corpus

74. Total Expenditure On Health

75. TSG

76. Transaction fee

77. Tort Reform

78. Transaction Price

79. time premium

80. tax deed

81. Tankan Survey

82. Tariff Escalation

83. Transactions SNA

84. Tick

85. Travel Cost Method

86. tax search

87. Turncoat Witness

88. terrorism endorsement

89. Types Of Passenger Road Motor Vehicle

90. Terms

91. Technical and Miscellaneous Revenue Act (TAMRA) of 1988

92. T-Notes

93. test plug

94. TRB

95. Tangible Investment (by Road Transport Enterprises)

96. tertiary beneficiary

97. Tunisian Dinar

98. total invoice value

99. terminal operator

100. time and motion expert

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Featured term of the day

Definition / Meaning of

Individual Retirement Arrangement (IRA)

Categories: Finance,

An individual retirement arrangement (IRA), which may be set up as either an account or an annuity, allows people with earned income to contribute to a tax-deferred traditional ira or a tax-free roth ira.Your contribution is a portion of your earnings, up to an annual cap, though it can't be more than you earn. The cap is $4,000 for 2006 and 2007, and $5,000 for 2008. If you are 50 or older, you can make an additional catch-up contribution of $1,000 a year.If you open a traditional ira, you usually can't withdraw without penalty before you turn 59 1/2 and you must begin minimum required distributions (MRDs) by April 1 of the year following the year you turn 70 1/2. income taxes figured at your regular rate are due on your earnings and on any contributions you deducted on your tax return in the year you made them.If you qualify for a roth ira because your modified adjusted gross income is less than the ceiling for your filing status, you make after-tax contributions but your withdrawals are free of federal income tax provided you're at least 59 1/2 and your account has been open at least five years. There are no required withdrawals from roth iras.

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