If you have, there is a good chance that you have black toe nail fungus. While this generally isnât a health issue, it can look very unsightly and cause embarrassment when your feet are showing. This has actually become quite a problem for people who like to walk around in public places without footwear.
Nonqualified Plans. IRS-qualified pension plans offer tax benefits to contributors, whether it is the employer or employee making contributions, or both. In many cases, however, tax deductibility is not an issue, as most contributions are made pre-tax, eliminating the need for tax deductions on your annual return.
With either pre-tax or after-tax contributions, earnings from investments in a 401(k) account (in the form of interest, dividends, or capital gains) are tax-deferred.The resulting compounding interest with delayed taxation is a major benefit of the 401(k) plan when held over long periods of time.or pre-tax contributions, the employee does not pay federal income tax on the amount of current income he or she defers to a 401(k) account, but does still pay the total 7.65% payroll taxes (social security and medicare).