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08:01 Jun 16, 2001
English to Spanish translations [PRO] Bus/Financial
English term or phrase:IRAs
Bajo el epígrafe "Assets", se encuentran "Pensions/IRAs/Bank Accounts". Realmente no estoy traduciendo esto al español, pero agradecería el significado en inglés, español o francés.
Explanation: IRA is the Individual Retirement Account. Definición:
"It provides a tax-advantaged investment vehicle for individuals to save for retirement. A long-term investment account you establish with a bank, credit union, brokerage house or other financial institution that permits tax-free accumulation of its assets. Starting in 1997, you and your spouse may contribute $2,000 each to your IRA accounts, even if one of you is not employed, provided you file a joint tax return. If you are single, you may still contribute a maximum of $2,000 per year. Also, starting January 1, 1997 (and continuing for three years), IRA owners under the age of 59 who have medical expenses in excess of 7.5% of their adjusted gross income may now tap into their IRAs without incurring a 10% penalty on premature distributions."