What is Tax-free growth?
Tax-free growth refers to the accumulation of investment earnings and appreciation that do not generate taxable income during the growth period or upon distribution. This benefit is primarily available through qualified retirement accounts like Roth 401k business plans, Roth IRAs, and certain life insurance products. In Roth 401k accounts, employer matching contributions and employee deferrals grow without tax consequences, and qualified distributions during retirement remain completely tax-free. This creates significant advantages over taxable investment accounts, where capital gains, dividends, and interest generate annual tax liabilities that reduce net returns.
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