Pre-tax contribution

Payment to an account made with funds from a worker's paycheck before federal income taxes are deducted.

Pre-Tax Contribution

A contribution made to a retirement plan with taxable withdrawals. That is, when one makes pre-tax contributions to a retirement plan, one does not pay taxes on the contributions in the year they are made, but defers taxation until one begins to make withdrawals from the plan. One makes pre-tax contributions to traditional IRAs and most 401(k)s. See also: After-Tax Contributions.

Mentioned in ?

References in periodicals archive ?

Jeremy Ford, CEO of Hilltop, said, "Our second quarter results demonstrate the strength and diversification of our franchise, as pre-tax contribution grew in our three largest businesses.

Hilltop Holdings reports Q2 EPS 62c, consensus 39c

Recent reports indicate that House Republicans may drastically limit pre-tax contribution limits to 401K retirement savings accounts, lowering the cap from $18,000 to $2,400.

United States : Heitkamp: Tax Reform Must Protect Retirements for Hardworking North Dakotans

The AHCA also increases pre-tax contribution limits for health savings accounts (HSAs), tying them instead to plan out-of-pocket limits, and it removes restrictions that prevent insurers from (https://www.fool.com/investing/2017/03/15/what-is-the-age-tax-in-republicans-obamacare-repla.aspx) charging older members more  than three times the premiums of younger members.

The Future Of Obamacare And Why Health Care Reform In The US Matters

The innovative feature enables companies to reward employees for making student loan payments by providing a pre-tax contribution into their retirement accounts.

Prudential Retirement to offer Student Loan Genius' feature to clients

Mokrohisky's proposed pay package also includes an up-to-10 percent addition to his base salary in "deferred compensation" - a pre-tax contribution that the county puts in a pooled investment account.

County voting on $165,000 base pay

Over time, the impact of this additional rate of return --coupled with the pre-tax contribution allowance--is substantial.

Fund your retirement accounts!

Sweden-based banking group Nordea, where Sampo held 21.3% at the end of September, made a pre-tax contribution of EUR80m in July-September 2011, down from EUR140m in the previous year.

-Finnish Sampo halves Q3 2011 net profit Y/Y

The net result is a full pre-tax contribution and excluding capital gains from income, generating even more after-tax wealth.

IRA charitable distributions no panacea

* the maximum pre-tax contribution is currently $10,000, and

Designing qualified retirement plans to maximize wealth accumulation

Since tax-deferred saving differentially benefits higher income workers, 401(k) plan regulations include pre-tax contribution limits and nondiscrimination provisions in addition to those in ERISA which apply to all pension plans.

Participation in and contributions to 401(k) pension plans: evidence from plan data

Previously, the company had anticipated that the pre-tax contribution from its total mortgage operations, including both the company's Mortgage Segment and the retail footprint included in the company's Banking Segment, for the second half of 2018 would be in the range of income of $5.0M to income of $7.0M, compared to a pre-tax contribution of income of $9.7M during the second half of 2017.

FB Financial says experiencing pressure on mortgage origination volumes

Regional mobile associates pre-tax contribution for the quarter increased 12% and 16% in reported and constant currency terms respectively.

Singapore : Singtel delivers strong earnings with resilient core business and higher contributions from associates