Wait, our plan already allows for Roth deferrals, isn't that the same as
after-tax contributions?
After-tax operating income1 was $427.6 million, or $10.41 per diluted common share, compared to
after-tax operating loss1 of $122.8 million or $3.03 per common share, for the same period in 2017.
A USD 3.06 per diluted share,
after-tax, loss from continuing operations, excluding non-controlling interest - included in this loss is an estimated one-time USD 3.78 per diluted share loss related to the reduction in the carrying value of deferred tax assets due to the lower corporate tax rate established by the Tax Cuts and Jobs Act.
Example 2: After hearing about this rule, Marge calculates that her $25,000 of
after-tax money (her nondeductible contributions) was 25% of her $100,000 IRA on the date of the distribution.
Still, numerous 403(b) plans have never allowed for
after-tax contributions, primarily because those are subject to average contribution percentage (ACP) testing.