The charge-out rate is and expression of fee earnings in terms of Rand per R1000. of average total package earned, calculated as follows: charge-out rate = [overhead factor x mark-up / utilisation rate] / [available hours / 1000] A summary of the hourly fee rates for consultants is set out in Annex One.
For example, someone collecting from a deceased personâs 401(k) or traditional IRA would have a deduction of the federal estate tax on that portion of the decedentâs assets, recovered over time in the year the income was received.
This structure allows you to escape estate tax at your deathâthe $5,000,000 going to the exemption trust in 2012 is offset by the $5,000,000 estate tax exemption, while the balance of your estate qualifies for the marital deduction. Thus, there is no estate tax if you die first.