Advertising

Before tax

• Describes funds on which the employee has not yet paid income taxes, for example, amounts held in a qualified plan or traditional IRA. Taxes have been deferred, not waived, and are normally due when funds are paid out from the qualified plan or IRA. Also known as pre-tax.

 
 

Follow this link for all the terms related to tax.

 
 Embedded terms in definition
 Held
Income
Ira
Out
Qualified plan
 
 Related Terms
 

<< Bearish Before tax profit margin >>

Teaching Children the Financial Facts of Life: Showing the importance of saving, spending wisely and sharing with others More...

Do not go where the path may lead, go instead where there is no path and leave a trail. - Ralph Waldo Emerson

Advertising



Copyright 2009-2018 GVC. All rights reserved.