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And arc-flash is a violent electrical condition that causes molten metal to be thrown through the air.
Roth IRA
An individual retirement account allowing a person to set aside after-tax income up to a specified amount each year, with earnings being tax-free.
Deductible Contribution
A contribution or payment that can be subtracted from gross income to reduce taxable income, often related to charity or retirement savings.
Non-working Spouse
A spouse who does not engage in regular paid employment outside the home.
Previously-taxed Dollars
Funds that have already been subject to taxation, not requiring further tax upon withdrawal or transfer.
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