tax-deferred

American  

[taks-di-furd] / ˈtæks dɪˈfɜrd /

adjective

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

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Example Sentences

Those figures, while sobering, reflect only the investment growth you give up by removing the money; they do not account for additional costs such as taxes on the withdrawal, or the impact of losing tax-deferred compounding.

From MarketWatch

By planning ahead, you can gradually reduce the amount of money in your tax-deferred accounts while staying within the desired tax bracket.

From MarketWatch

In planning the amount of your future withdrawals from tax-deferred accounts, build in a cushion for unknowns.

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The Internal Revenue Service calculates RMDs by taking the balances of your tax-deferred retirement accounts at the end of the prior year and dividing that amount by a number based on your life expectancy.

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Some people prepare for retirement by putting as much money as possible into tax-deferred retirement accounts every year.

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