Examlex
RFID is a similar concept to the UPC in identifying and keeping track of inventory.
Roth IRA
A type of individual retirement account allowing for tax-free withdrawals of contributions and earnings, provided certain conditions are met.
Tax-free
Earnings on which no tax is due to the government. This can include certain types of interest, inheritance, or gifts.
SIMPLE Retirement Plan
A tax-deferred retirement plan offered by small employers, including self-employed individuals, allowing employees and employers to contribute to an Individual Retirement Account (IRA).
Qualified Pension
A pension plan that meets the requirements of the Internal Revenue Code and the Employee Retirement Income Security Act (ERISA), offering tax advantages to the contributing entity.
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