We can observe only a portion of the entire universe. Because the universe is only about 14 billion years old, light has only had about 14 billion years to travel through it. Therefore, the most distant regions of the universe we can see are about 14 billion light-years away. This is the extent of the observable universe, but the entire universe is probably much larger.
According to the Internal Revenue Service, any interest you receive, or that is credited to an account and is available for withdrawal, is taxable in the year you receive it. This money is included in your annual income when you file your taxes, making the tax rate on interest equal to your normal income tax rate.
Roth IRAs are different. Qualified withdrawals from a Roth IRA are not considered income. For more information, see IRS Publication 590. Withdrawals from a 401k plan are generally counted as income (your pre-tax contributions, an employerâs matching contributions, as well as earnings, are included in income). But qualified distributions from a designated Roth account in a 401(k) plan are not considered income.