Net Unrealized Appreciation
1 Income whose taxes can be postponed until a later date; examples include IRAs and 401(k) plan earnings.
2 An increase in the value of a capital asset, such as a mutual fund or a common stock. If the asset is sold, the gain is a realized capital gain, which may be either short term (one year or less) or long term (more than one year).
There may be fees, expenses, taxes and penalties associated with early IRA withdrawals.
Lord Abbett will waive (or otherwise pay) the yearly $10.00 custodial fee that would be charged each year on an ongoing basis to every new IRA account and, therefore, will not assess a custodial account fee in 2014 or any year afterward. Fund level fees and expenses are still applicable. Please see the current prospectus.
To comply with Treasury Department regulations, we inform you that, unless otherwise expressly indicated, any tax information contained herein is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties that may be imposed under the Internal Revenue Code or any other applicable tax law, or (ii) promoting, marketing, or recommending to another party any transaction, arrangement, or other matter.