tax-deferred
Definition
Income whose taxes can be postponed until a later date. Examples include IRA, 401(k), Keogh Plan, annuity, Savings Bond and Employee Stock Ownership Plan.
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Related Terms
direct transfer, early withdrawal penalty, employee contribution, salary reduction
'tax-deferred
' appears in the definitions of these other terms on BusinessDictionary.com 401(k) plan, tax sheltered income, individual retirement account (IRA), salary reduction plan, continuity of business enterprise doctrine, and
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