Examlex
Which of the below is considered the output in the systems thinking example of a TPS?
CESA
Coverdell Education Savings Account; a tax-advantaged investment account in the U.S. designed to encourage savings for future education expenses.
AGI
Short for Adjusted Gross Income, which is an individual's total gross income minus specific deductions, used in the U.S. tax system to determine taxable income.
Exclusion Ratio
The portion of an annuity payment that is not subject to income tax, representing a return of investment in the annuity.
Annuity Payment
Regular payments received from an annuity investment over a specified period.
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