What is the rule of thumb noted in the text pertaining to the taxability of retirement plan
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
The rule of thumb for retirement plan distribution...View the full answer
Answered By
Hitarth Singh
I did my Bachelor's in Computer Science from Delhi University. I am currently pursuing my Master's in Computer Science from Chennai Mathematical Institute, Chennai, India. My current research interest lies in program verification and synthesis.
During my undergraduate studies, I used to work as a home tutor for Maths and Computer Science. I have been working as a freelance tutor for the last two years. My teaching experience has been incredible, and I think it helped me learn as much as it helped my students. I also try to help my classmates and juniors with studies by giving them formal/informal tutorials, and this also helps me to become an effective and better teacher.
Almost all of my students admired my teaching and gave positive feedback. I try to teach from the level the student is most comfortable with. The students usually struggle with their projects, assignments and subject material, and I always try my best to help and motivate them, so they can confidently and correctly complete their work. I understand the academic and work pressure the students are in, and I have seen that with proper guidance they can easily, and happily, excel in their courses.
While teaching, if possible, I usually focus on problem-solving as it is the best way to clearly understand difficult concepts. When answering a question, I make sure to give them plenty of examples, and also give the necessary background and explain fundamentals related to that concept. Whenever relevant, I try to provide the learner with the history and interesting trivia related to the concept to make the teaching more interesting, and hence more effective.
I also teach web development. I have worked as a freelance web developer, and I've successfully hosted many commercial websites. While teaching web development, my strategy is to give hands-on examples. I usually teach web development by setting up a goal for the learner of creating a complete web application. With that in hand, I split the task into modules, and I start implementing each module with the student and let them stop me, and start developing themselves when they feel enough confidence that they can finish it.
0.00
0 Reviews
10+ Question Solved
Related Book For
Fundamentals Of Taxation 2015
ISBN: 9781259293092
8th Edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone
Question Posted:
Students also viewed these Accounting questions
-
What is the Rule of 72?
-
What is the rule of 78s?
-
What is the rule of thumb governing the expected level of the current ratio? What risks are there in using this rule of thumb for analysis?
-
Necked Amber purchased a bond for $1,038.90 exactly two years ago. At that time, the bond had a maturity of five years and a coupon rate of 10% (paid semi-annually). Assuming the rates below are the...
-
Amberjack Company is trying to decide on an allocation base to use to assign manufacturing overhead to jobs. The company has always used direct labor hours to assign manufacturing over-head to...
-
(a) Calculate the mean, median, mode, and midrange of your exam grades in your mathematics course. (b) Which measure of central tendency best represents your average grade? (c) Which measure of...
-
Is the development life cycle over with deployment?
-
(a) Using the Consolidated Balance Sheets for Walgreen Co. for August 31, 2013 and 2012, prepare a common-size balance sheet. (b) Which current asset is the most significant? Which noncurrent asset...
-
Private Equity Associates ("Associates") is a limited partnership that buys, restructures, and then sells companies that are not publicly traded. Manager, the sole general partner of Associates, is...
-
Radium 224 88 Ra has a half-life of about 3.6 days. (a) Given 1 gram, how much will still be present after 1 day? (b) After 1 year?
-
Anne, a single taxpayer under age 50, has wage income of $74,000 and is not covered under a retirement plan by her employer. She would like to start a retirement plan if possible. What options are...
-
What is the maximum annual contribution that can be made to a Coverdell Education Savings Account? Can an eligible beneficiary have more than one CESA?
-
Factor. a 3 + 2a 2 - ab 2 - 2b 2
-
Which of the following is an example of an automatic stabilizer? When the economy goes into a recession, a. more people become eligible for unemployment insurance benefits. b. stock prices decline,...
-
Thomas Robert Malthus believed that population growth would a. put stress on the economys ability to produce food, dooming humans to remain in poverty. b. spread the capital stock too thinly across...
-
The ability of insurance to spread risk is limited by a. risk aversion and moral hazard. b. risk aversion and adverse selection. c. moral hazard and adverse selection. d. risk aversion only.
-
If the CPI is 200 for the year 2010 and 300 today, then $600 in 2010 has the same purchasing power as ________ has today. a. $400 b. $500 c. $700 d. $900
-
Many years ago, Sophie paid $500 to put together a record collection. Today, she sold her albums at a garage sale for $100. How does this sale affect current GDP?
-
Give the radian measure of each angle described.
-
A red card is illuminated by red light. What color will the card appear? What if its illuminated by blue light?
-
The Bluejay Apartments, a new development, is in the process of structuring its lease agreements. The company would like to set the damage deposits high enough that tenants will keep the apartments...
-
Julie is considering three alternative investments of $10,000. Julie is in the 28% marginal tax bracket for ordinary income and 15% for qualifying capital gains in all tax...
-
Determine the taxpayer's gross income for tax purposes in each of the following situations. a. Deb, a cash basis taxpayer, traded a corporate bond with accrued interest of $300 for corporate stock...
-
My company has equity beta of 0.56, 5.02% cost of (risk-free) debt, and market risk premium is 5% over the risk-free rate. D/(D+E) ratio is -31.7% and E/(D+E) ratio is 131.7%. Corporate tax rate is...
-
Discuss the main factors which a company should consider when determining the appropriate mix of long-term and short-term sources of finance in its capital structure.
-
Evaluate the impact of central bank interest rate policies, such as the federal funds rate in the United States or the repo rate in India, on various sectors of the economy, including consumption,...
Study smarter with the SolutionInn App