Tax-Deferred Earnings. The investment earnings of your IRA are not subject to federal income tax as they accumulate in your IRA. Investment earnings distributed from your Traditional IRA will be taxed when the distribution is made. Distributions of your Xxxx XXX investment earnings will be free from federal income tax if you take a qualified distribution, as defined in the Taxation of Xxxx XXX Distributions section of this Disclosure Statement.
Appears in 62 contracts
Samples: Ira Prototype Plan Agreement, Prototype Plan Agreement, secure.alpsinc.com
