1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    Qualified or non-qualified retirement plans are funded by various savings and investment vehicles. Those account funds are generally owned individually and are counted as assets of the account owner. When distributions are generated, any taxes due will be treated as ordinary income at the account owner's effective tax bracket rate.
    Answered on August 7, 2013
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