តើ IRA ជាផែនការមានលក្ខណៈសម្បត្តិគ្រប់គ្រាន់ទេ?

A qualified retirement plan is an investment plan offered by an employer that qualifies for tax breaks under the Internal Revenue Service (IRS) and ERISA គោលការណ៍ណែនាំ។ An individual retirement account (IRA) is not offered (with the exception of SEP IRAs និង SIMPLE IRAs) by an employer. A traditional or Roth IRA is thus not technically a qualified plan, although they feature many of the same tax benefits for retirement savers.

Companies also may offer non-qualified plans to employees that might include deferred-compensation plans, split-dollar life insurance, and executive bonus plans. Because these are not ERISA-compliant, they do not enjoy the tax benefits of qualified plans.

IRAs បែបប្រពៃណី

Traditional IRAs are savings plans that allow you the benefit of tax-advantaged growth. As contributions to them are made with money that has not yet been taxed, investors generally get a tax write-off, though that write-off can be limited or not permitted, depending on your income and whether you have a qualified retirement plan at work.

However, taxes must be paid on distributions, which you are required to start taking at age 72, even if you haven’t retired yet. These are called ការចែកចាយអប្បបរមាដែលត្រូវការ (RMDs); the amount is determined by an IRS formula involving your age and your account balance. Generally, the latest you may start taking them is by April 1 of the year following the year in which you turn 72.

If you withdraw any funds before you turn 59½, you will be subject to a 10% early withdrawal penalty in addition to the usual requirement of paying income tax on the amount you take.

មាន​ផង​ដែរ limits to how much you can contribute to an IRA each year. In 2022, you are limited to a total of $6,000 for the year ($7,000 if you are 50 or older) for all the IRAs you may have. In 2023, this limit has been increased to $6,500 (or $7,500 if you are 50 and older and qualify for the additional catch-up contribution).

IRA plan providers allow holders to designate beneficiaries, and some plan holders allow beneficiaries for multiple generations. Because traditional IRAs allow individuals to invest on a tax-deferred basis, they are suitable for people who are in a high tax bracket but anticipate being in a lower one at retirement.

រ័ត្ន IRAs

Roth IRAs require that investors pay tax on contributions; in other words, you contribute with after-tax funds and do not get a ការបង់ពន្ធ. The advantage comes when you retire: No tax is assessed on distributions, which means you are not taxed on any of the money that your income earns over the years it sits in your Roth account. What’s more, if you need to take money out of the account, you are not taxed if you take out just the contributions you originally made.

Roth IRAs have no RMDs; no requirement that you start taking distributions. Another benefit of no RMDs: If you can afford to hold the funds, they can continue to grow tax-free and be passed to your heirs. The heirs will be required to take distributions, however.

As Roth IRAs allow individuals to invest on a tax-free basis, they are suitable for individuals who are in a low tax bracket but anticipate being in a higher one at retirement. In fact, there are income limitations on who is permitted to contribute to a Roth IRA.

Those with higher incomes can only open one by rolling over traditional IRA or 401(k) money and paying substantial taxes, a process called opening a backdoor Roth IRA. One exception: Those who have a Roth 401(k) can roll it over into a Roth IRA without the tax requirement.

Qualified Retirement Plans

Some employers offer ការរួមចំណែកដែលបានកំណត់ or defined-benefit-qualified retirement plans. Employers receive incentives from the U.S. government to create these plans under ERISA rules.

Defined-contribution plans, such as 401(k)s, have largely replaced defined-benefit plans (the old-fashioned pension) as the preferred model. With many employers, employees may elect to take part in retirement savings plans, such as ៤០១ (ក) ផែនការ, in which employers match contributions and savings grow on a tax-advantaged basis.

Non-qualified plans do not fall under ERISA guidelines, so they do not receive the same tax advantages. They are considered to be assets of the employer and can be seized by creditors of the company. If the employee quits, they will likely lose the benefits of the non-qualified plan. The advantages are no contribution limits and more flexibility. An Executive Bonus Plan is an example.

បន្ទាត់ខាងក្រោម

A qualified retirement plan is a retirement plan that is only offered by an employer and that qualifies for tax breaks. By its definition, an IRA is not a qualified retirement plan as it is not offered by employers, unlike 401(k)s, which are, making them qualified retirement plans.

IRAs, however, do share many of the same features and benefits as qualified retirement plans that individuals can use to save for retirement, either together with qualified retirement plans or on their own.