konta niepodatkowe

English translation: nontaxable accounts

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Polish term or phrase:konta niepodatkowe
English translation:nontaxable accounts
Entered by: Kamila Ołtarzewska

12:13 Sep 30, 2019
Polish to English translations [PRO]
Accounting
Polish term or phrase: konta niepodatkowe
"Plan kont spółki zawiera podział na konta podatkowe i niepodatkowe (NKUP)"
Martha_n
Local time: 14:54
nontaxable accounts
Explanation:
An account, such as a 401(k) plan or IRA, that allows your earnings to grow tax-free until you withdraw them. Without the effect of taxes, more of your money is available to earn a return. You can trade securities inside a nontaxable account without paying taxes on your gains.
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Kamila Ołtarzewska
Poland
Grading comment
2 KudoZ points were awarded for this answer



Summary of answers provided
4 +1nontaxable accounts
Kamila Ołtarzewska


Discussion entries: 7





  

Answers


3 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
nontaxable accounts


Explanation:
An account, such as a 401(k) plan or IRA, that allows your earnings to grow tax-free until you withdraw them. Without the effect of taxes, more of your money is available to earn a return. You can trade securities inside a nontaxable account without paying taxes on your gains.

Kamila Ołtarzewska
Poland
Specializes in field
Native speaker of: Native in PolishPolish
PRO pts in category: 6

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agree  elutek
1 hr
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