The Tax Reform Act of 1986 Preserved the tax advantage of annuities but curtailed deductions for IRAs. Allowed whole life insurance policies to be sold. Identified annuities to be the same as certificates of deposit. Allowed annuities to be purchased for individual retirement accounts. Made all annuities tax free.

Answers

Answer 1

Answer:

Preserved the tax advantage of annuities but curtailed deductions for IRAs.

Explanation:

The 99th US Congress passed The Tax Reform Act of 1986 and it was signed into law on the 22nd of October, 1986 by President Ronald Reagan. Hence, it was one of President Reagan's tax cut.

The Tax Reform Act of 1986 preserved the tax advantage of annuities but curtailed deductions for individual retirement accounts (IRAs). The Act was primarily focused on boosting the fairness and providing an avenue for improved growth and development in the economy of the United States of America. Also, it restricted the deductions made by the individual retirement accounts (IRAs) and allowed employees in the United States of America to contribute 15% of the income earned.


Related Questions

Can someone help me with this question you will get brain crown QUESTION: Mass is most closely related to which of the following words? (But it is NOT the same thing!) Explain please

Answers

Answer:

Hey there!

Mass is often related to weight, but is not the same thing. This is because mass is the amount of matter in an object, and is measured in grams and kilograms. Weight is the gravitational pull of an object, and is different based on where you are. This might be a little complicated, but just remember that smaller objects have less gravitational pull than larger objects. Thus, your weight on the moon will be less than your weight on earth, but your mass will be constant in both places.

Let me know if this helps :)

what was an effect on world war 2 on the agricultural industry?

Answers

Answer:

Farmers were asked to increase production just as the manpower requirements of the war and higher paying jobs in defense industries were greatly reducing the number of farm workers – placing the successful harvest of the nation's food and fiber supply in jeopardy.

Explanation:

please help
which phrase best completes the diagram?​

Answers

The answer is B. Defendants can face jail time.

What is the correct definition of a hemisphere?


a line of longitude


the mid point between the North and South Poles


one half of the Earth


a line of latitude

Answers

Answer:

A. Line of longitude.

Explanation:

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Do you think Ming rulers should have ended the voyages of Zheng He? Write a 75- to 100-word paragraph to explain your opinion.PLLSS Help For test.

Answers

Answer:

Explanation:

The world-renowned sea voyages of the early Ming dynasty ceased entirely when they lost their purpose. Zheng He led seven large-scale voyages within a very short period because he had an additional political purpose: to search for the Jian Wen emperor, Zhu Yunjiu (1377-1402).How much benefit did the Ming receive from Zheng He's trips? The Yongle emperor sent Zheng He on voyages to impose imperial control over foreign trade with China. They also sent him to show foreign countries the power of the Ming Dynasty was. They created new trade with the new world and brought back foreign treasures.

Write in detail 5 goods that you get using money currency and 5 services that you can get using money currency

Answers

Money is a medium of exchange. It allows for the payments of goods and services.

Goods that can be gotten using money are:

CarsComputerGrocery items like milkBagsClothes

Apart from buying goods, money is also used as a medium of exchange for services rendered. Some of these services that can be rendered for money are:

Fitness trainerMake up artistDog walkerTutorLegal advisers

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What efforts have been made in Nepal to produce skilled human resource
for the economic and social development of the country?


Answers

1. different goveenmental and non governmental organizations have been working continiously organizing dufferent training programmes to boild skills in youths.

2. Prime minster employment programme is launched.

3. Scholorship provision is provided to poor but talented students who want to study.

4. CTVT is established.

Functions of save our soul (sos) ?

Answers

the functions of sos are:1.to help people in their need.2.To save the life of people.

In addition to how much force Earth exerts on the object, which features of an object affect its weight?

Answers

The features of an object that affect its weight are mass and location of the object

For better understanding let's explain what the feature mass means

Scientists often use mass to measure matter. The mass of an object is said to be a physical property of an object. Mass does not change by location. Mass often known as a measurement unit of an object as it tells how much matter is there inside an object.The feature of an object that affects its weight includes :Mass of the objectlocation of the objectHow much force Earth exerts on the object

From the above we can therefore say that the answer The features of an object that affect its weight are mass and location of the object, is correct

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Answer:

The features of an object that affect its weight are mass and location of the object

Explanation:

i got it right on my test

Joe and Stan are neighbors. Joe wants to put up a fence around his property but a cherry tree resides directly on the property line. Because they cannot agree on what to do, they sought out a neutral third party to make the decision for them. This is an example of:_________.A. arbitration.
B. mediation.
C. bargaining.
D. anintegrativeagreement.

Answers

Answer:

A. arbitration.

Explanation:

Arbitration refers to the private process in which a conflict is brought before one or more arbitrators who make a final decision on it, by consent of the parties. The parties rather than going to court, agree for an alternate dispute settlement method when selecting arbitration. the condition of the arbitration requires both parties to agree to it and select the arbitrator with mutual consent. As per the question, Joe and Stan agreed to involve a third party to settle their difference is an example of arbitration.

what is violent murder? whyhas it been rising in the recent years

Answers

Answer:

Mental Health Deterioration

Violent Murder: Homicide against another human being. Lack of empathy and remorse in the act, usually cruel.

My guess would have to be that some people don't have access to mental health facilities to evaluate when someone could be considered dangerous. Usually someone will show red flags or warning signs if they are considered hostile, but this isn't always the case. Therapy and Mental Health aren't always prioritized by many civilians or the like, and therefor problems aren;t able to be identified when they need to be. With modern advancments, come modern problems. Hope this helps.

when it is 4pm in delhi(75°)east it is 6pm in singapore find the longitudes of singapore​

Answers

Answer:

The longitude of Singapore is about 104° E. It remains the same regardless of the time of day.

Explanation:

If there is a 2 hour time difference between Singapore and Delhi, and Delhi is at about 75° E (actually about 77° E), that 2 hours time differences may not be what is actually the case. Delhi’s time zone is UTC + 5h 30m, while Singapore’s is UTC + 8h. So Singapore is actually 2 1/2 hours ahead of Delhi.

The longitude of Singapore is about 104° E. It remains the same regardless of the time of day.

If there is a 2 hour time difference between Singapore and Delhi, and Delhi is at about 75° E (actually about 77° E), that 2 hours time differences may not be what is actually the case. Delhi’s time zone is UTC + 5h 30m, while Singapore’s is UTC + 8h. So Singapore is actually 2 1/2 hours ahead of Delhi.

Because the world is organized into time zones on lines that are based on other divisions (nations, states, etc.), the times zones are not the exact 15° wide they should be. There are half-hour time zones, which are adjusted to suit various population, and there is a tendency in some places for the times zones to be displaced a bit to the east of where they really should be in theory.

Pls mark me as a brainlist !!!

अधिरेखित शब्द का भेद पहचानकर लिखिए १)चारु चन्द्र की सुंदर किरने।

चारु शब्द को अधोरेखित (underline) किया गया है।
इस शब्द का पहचानकर बताइए?​

Answers

Answer:

लैटिन लिपि में संस्कृत शब्दों के प्रतिनिधित्व के लिए मैंने एक ... (3) का अनुसरण किया है जिसमें शब्द-अर्थों की अधिक सुखद व्याख्याएं हैं,

Explanation:

make a list of inventions and achievements made by Gehendra shumsher .​

Answers

Answer:

Gehendra Shamsher is credited for modernization of Nepal Army. He was able to make his own mechanical machine gun similar to Gardner gun and named it Bira gun after his father. He is also credited for modifying Martini–Henry into new gun Gahendra Martini and Ge-rifle, a double-barrelled machine gun.

Explanation:

Pls mark as brainliest answer

Explain any
five major ideals
enshrined in the preamble to the constitution.​

Answers

Answer:

Preamble is a written law and the five ideals are;

1. By preamble we have a proof of our rights.

2.By preamble all Indians have equal right .

3. In preamble through amendment we can make changes in the constitution .

4.It grantes us many rights like;

* Right to freedom.

* Right to educate.

* Right to equal.

* Right to religious.

* Right to vote.

5. Preamble is a part of our constitution

what was the last sen state occupied by prithvi Narayan Shah?

Answers

Answer:

died 1775), member of the ruling Shah family of the Gurkha (Gorkha) principality, Nepal, who conquered the three Malla kingdoms of Kāthmāndu, Pātan, and Bhādgaon in 1769 and consolidated them to found the modern state of Nepal. He also established the capital of Nepal at Kāthmāndu.

Como en la sociedad colombiana la familia es importante

Answers

Explanation:

Para nosotros, la familia es la célula principal de la sociedad, es donde se aprenden los valores y la práctica de éstos constituye la base para el desarrollo y progreso de la sociedad. Es, quizá, el único espacio donde nos sentimos confiados, plenos; es el refugio donde nos aceptan y festejan por los que somos, sin importar la condición económica, cultural, intelectual, religión a profesar o preferencia sexual. La familia nos cobija, apoya, nos ama y respeta.

Which of these is a limitation of inferences to the best explanation?

most of reality cannot be explained

it will never be as convincing as deductive inference

it depends upon our coming up with the right explanation as one of the candidates?

Answers

Answer:

it depends upon our coming up with the right explanation as one of the candidates

Explanation:

Inference to the best explanation is a term generally in logic or philosophy, which describes a form of inductive reasoning where by individuals draw from the premises about an incident to an explanation for that particular incident.

This explanation is often a claim or reason given, as to why the incident is the way it is. For example: in the occurrence of a particular phenomenon named to be A. Premises B provides the best explanation for A. Therefore, it is most likely that B is true, even though there is no certainty or guarantee of its truth.

Hence, a limitation of inferences to the best explanation is that, "it depends upon our coming up with the right explanation as one of the candidates."

What is meant by social problem?​

Answers

A social problem is any condition or behavior that has negative consequences for large numbers of people and that is generally recognized as a condition or behavior that needs to be addressed. This definition has both an objective component and a subjective component.

make a list of inventions and achievements made by Gehendra shumsher .​

Answers

Answer:

 Gehendra Shamsher is credited for modernization of Nepal Army. He was able to make his own mechanical machine gun similar to Gardner gun and named it Bira gun after his father. He is also credited for modifying Martini–Henry into new gun Gahendra Martini and Ge-rifle, a double-barrelled machine gun.

Gehendra Shumsher invented many objects such as Underground water extractor, mechanical machine gun, Bir gun, Gahendra rifle, and Ge-rifle, a double-barreled machine gun.

Dhir Shumsher, a canon Dhir-Gun modified.

Gehendra Shumsher (1871-1906) was a Nepalese military man who stood out for designing firearms, which has allowed him to be known as the first scientist of Nepal. Among the main invention of Gehendra stand out.

Underground water extractor.

Mechanical machine gun.

Bir gun.

Gahendra rifle.

Ge-rifle, a double-barreled machine gun.

Dhir Shumsher, a canon Dhir-Gun modified.

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What is the importance of federalism in 6 points ?​

Answers

Explanation:

Services to people on their doorstep.

Economic development.

Social development

Jerry and Elaine have a rule that whoever gets home first will walk the dog. Elaine returns from work to find Jerry asleep on the couch and their pug, Lola, waiting anxiously at the door with her leash in her mouth for the 5th time this month. Jerry has committed a transgression that is most clearly identified with which category?

Answers

Answer: Social vs relational

Explanation:

Jerry transgressed the rule by allowing Lola have the leash in her mouth. It was agreed that who gets home first controls the dog but this scenario played out by Jerry made it be a social vs relational scenario.

How much percentage of population belongs to indo-european​

Answers

Answer:

46 percent of the world's population (3.2 billion) speaks an Indo-European language as a first language

Explanation:

Barkley and Timothy are engaged in a debate about child abuse.Barkley opines that white children are more likely to suffer from abuse.However, Timothy disagrees and argues otherwise.He opines that children belonging to minority groups are more likely to suffer from abuse.Which of the following is an accurate statement that strengthens Barkley's argument?
A) Typically, most minority groups have close family ties and are less likely to physically or emotionally chastise their children.
B) Latino families have a lower percentage of child victimization than their white counterparts.
C) Unlike whites, African American families do not believe in disciplining children physically.
D) Despite being more prevalent among minority groups, child maltreatment percentages are higher among whites.

Answers

Answer:

D) Despite being more prevalent among minority groups, child maltreatment percentages are higher among whites.

Explanation:

It is said that Barkley and Timothy are engaged in a debate about child abuse.Barkley opines that white children are more likely to suffer from abuse.However, Timothy disagrees and argues otherwise.He opines that children belonging to minority groups are more likely to suffer from abuse.

The option which strengthens Barkleys stance on the subject is that Despite being more prevalent among minority groups, child maltreatment percentages are higher among whites.

What is an archipelago? A) an island that receives little rain B) an island that receives a lot of rain C) any large island D) a group of islands

Answers

Answer: D.

Explanation:

An archipelago is a group of islands. Hope this helps! :)

Answer:

D) A group of islands

Explanation:

Answer for gradpoint

what is Kashmir????? ​

Answers

Answer:

Kashmir is known as an area in India which shares territorial boundaries with Pakistan. This area was the subject of ownership dispute by India and other countries such as Pakistan and China.

This area is known for its rich mineral and natural resources. It also has great monuments, hospitable people and local handicrafts, nice mountains and scenes for tourism and a rich wildlife.

Answer:

Kashmir is beautiful state of India

Servant leaders: Group of answer choices Advocate a perspective that leaders have a responsibility to serve their followers by helping them to achieve followers' goals Servant leadership is the flip side of authentic leadership Help followers to fulfill their needs by modeling ethical values, attitudes and behaviors Promote a culture that enhances organizational outcomes

Answers

Answer:

The correct option is "Help followers satisfy their requirements by shaping ethical values, attitudes as well as  behaviors".

Explanation:

The fundamental principle of servant leadership becomes representatives should place disciples' needs of others ahead other than their requirements. Servant leaders utilizing teamwork through encouragement instead of just manipulation and power, to manipulate supporters.They can discern and appreciate the emotional states their community is experiencing.

The other given options are not related to the given instance. So that the above would be the correct one.

What is population change? Discuss the various factors of population change.

Answers

Answer:

Population change is the process means rate at the increasing and decreasing at a given time is called population.

Explanation:

Population is the process is that number of births, minus number of death,migration in a population many countries overall population of the world changed such as health facilities and lack of food.

Population is the growth more rectangle more stable population different birth and death rates or change population.

Factors of population change mainly three types :- (1) birth rate (2) death rate (3) migration rate

(1) Birth rate :- country refers simply to the number of children born,social  scientists study some key terms though,in other words biological capacity of humans to produce that children, the fecundity rate is greater  then the fertility rate in most cases.

(2) Death rate :- is simply that number of death occur in a society , death rate it depends on the country such as availability of medical, war, disease.

(3) migration rate :-factor that accounts to change in number population is migration,there are two migration (1) emigration (2) immigration

(1) emigration :-means to leave one country for another country.

(2) immigration :- means to the into enter a country other then,

both of this impact population change.

Which of the following will cause movement along the demand and curve

Answers

Answer:

B. a decrease in the product price

A decrease in the price level is the cause of movement along the demand and curve. Hence, option B is correct.

What is demand curve?

Demand curve is consist of the quantity of the goods and service in comparison to the price demanded for the specific period of time.

The amount required will be shown on the horizontal axis and the price will be displayed on the left vertical axis.

The options are missing from the question-

A. An increase in consumption.

B. a decrease in the price level

C. an increase in net exports

D. a decrease in consumption

Thus, option B is correct.

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Gina and Thuy are both research scientists. Gina is interested in the "nature" perspective of human development, and Thuy is interested in the "nurture’ perspective. Which of the following methods would be more helpful to Gina than to Thuy?
a. structured observation
b. fMRI
c. naturalistic observation
d. case study

Answers

Answer:

c. naturalistic observation

Explanation:

Naturalistic observation: In psychological research, the term "naturalistic observation" is determined as one of the different techniques of research in which the investigator or an experimenter tends to examine or observe a set of people or a person in his or her natural environment without any modification. The investigator or the experimenter then writes down all the points that he or she might have noticed.

In the question above, the given statement represents naturalistic observation as the correct answer because through this Gina and Thuy will be able to find what they are being intended to find.

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