This definition appears very frequently
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Samples in periodicals archive:
A deductible is basically the amount "deducted" from an insured loss when a claim is paid by the insurance company.
The issue on this appeal to the Second Circuit is whether investment advice fees inurred by a trust (T) are fully deductible in calculating adjusted gross income (AGI) under Sec.
Invest up to the maximum in either a Roth IRA or a deductible IRA.
1, 2004, to individuals covered by qualified health plans that have a deductible higher than $1,000 for individuals and $2,000 for families.
HSAs can only be applied to insurance plans that carry a $1,000 deductible, or a $2,000 deductible for family coverage, and that require you to pay that amount, or more before the insurance kicks in.
73-146,(17) the IRS held that payments to target employees to terminate unexercised stock options, as a condition of a reorganization, are compensation to the employees, and deductible by the corporation.
After a high deductible has been met (usually $25,000 to $50,000), this product usually provides 100% coverage.
The researchers concluded that a catastrophic insurance plan--a plan in which patients pay a high deductible and then the insurance pays all costs in excess of the deductible-would reduce expenditures by about 31 percent relative to a plan in which people paid nothing out of pocket.