tax-deferred

[ taks-di-furd ]

adjective

1. noting or providing income that is not taxed until a later time.

Example Sentences

We have 529 tax-deferred accounts set up for the education of our other two children.

From The Daily Beast

This year, 36 million of the 49.3 million households that invest in mutual funds do so exclusively in tax-deferred accounts.

From The Daily Beast