An empirical analysis of dairy farm reinvestment versus tax-deferred plans for retirement income
1982
Tauer, Loren
Extract: This study empirically compares the retirement values of dairy farm investments to tax-deferred retirement investments that were funded with bank certificates of deposit or common stock. For a successful dairy farm, the results indicate the tax-deferred retirement plans were not as good an investment as reinvesting farm earnings back into the farm business.
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