In fact, those who qualify for a housing allowance may even be able to withdraw distributions in a tax-free manner offering a fourth tax advantage. Investments in AIM require no-load. By investing in a tax-deferred program, employees can greatly reduce the amount of income on which they are currently paying income taxes.
Investments grow faster without current income tax eating away at earnings.
Employees can invest through convenient payroll deductions. This allows a choice in the amount that each employee wishes to save under the plan. It also provides a built-in savings mechanism. AIM is in the top one percent of all mutual funds based on performance. AIM offers sophisticated investment management, which helps the employee take part in the potentially greater rewards of the financial markets.