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More affluent and educated citizens wield an outsized influence over policy makers because
Taxable Amount
The portion of income, withdrawals, or distributions subject to tax.
Annuity Payment
Periodic payments received from an annuity contract, usually for retirement income, which can be fixed or variable in amount.
Roth IRA Withdrawals
Withdrawals from a Roth Individual Retirement Account that can be tax-free if certain conditions are met, such as the account being open for at least five years and occurring after the age of 59½.
Keogh Plan
A retirement savings plan for self-employed individuals and their employees, allowing for tax-deferred growth of investments.
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