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Deferred account

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Deferred account
A type of account that delays taxes on that account until some later date. An example is an IRA account.


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4 million, to a deferred account for distribution to Oregon customers, with interest.
Through the program, both employees and employers may invest up to $6,000 a year in a tax deferred account and business owners may deduct matching contributions and receive additional tax savings.
 
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