You pay taxes on your money only when you make withdrawals in retirement. Deferring taxes means all of your dividends, interest payments and capital gains can compound each year without being hindered by taxes-allowing an IRA to grow much faster than a taxable account.ou pay taxes on your money only when you make withdrawals in retirement. Deferring taxes means all of your dividends, interest payments and capital gains can compound each year without being hindered by taxes-allowing an IRA to grow much faster than a taxable account.
Timothy Hutton said of his 'Best Supporting Actor' Oscar for Ordinary People to USA Today: About five years ago, my sister and I were having a party at my house in upstate New York. She put it in the refrigerator. She thought that would be kind of funny to put the Oscar in the refrigerator when people would go grab a beer or something...
But the best answer to the Oscar statue display question comes from Timothy Hutton, the youngest person ever to win the Academy Award for best supporting actor. Hutton, who won the gold figurine for his role in Ordinary People, was apparently having a party a number of years ago. His sister popped the Oscar in the fridge alongside the beers so that guests would happen upon it en route to refreshment. The statue is apparently still in there.