Since the 1970s, preferential tax treatment has been granted to Individual Retirement Accounts (IRAs) and employer-sponsored 401(k) pension plans.
Since the 1970s, preferential tax treatment has been granted to Individual Retirement Accounts
The mission of FASAB is to recommend accounting concepts and standards that result in federal agencies' financial reports including understandable, relevant, and reliable information about the financial position, activities, and results of operations of the United States government and its component units.