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tax-free

American  
[taks-free] / ˈtæksˌfri /

adjective

  1. tax-exempt.


tax-free British  

adjective

  1. not needing to have tax paid on it

    tax-free savings schemes

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of tax-free

First recorded in 1695–1705; tax + -free

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Your challenges are twofold: diversification or lack thereof and controlling your withdrawals, hopefully with an aggressive Roth conversion plan that also leaves tax-free withdrawals for your children as part of their inheritance.

From MarketWatch

Health savings accounts offer tax-free contributions, growth, and withdrawals for medical expenses, with 2026 maximums of $4,400 for individuals and $8,750 for families.

From Barron's

These would let employers make tax-free payments for employees to buy their own health insurance in lieu of sponsoring a group plan.

From The Wall Street Journal

The split is structured to be tax-free for U.S. federal income tax purposes, the company has said.

From The Wall Street Journal

Also, although the contribution would be tax-free to the employee and their child, the distributed funds are ultimately taxable to the beneficiary, Mehany said in an email.

From Barron's