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

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

From MarketWatch

You will likely pay significant income tax on your RMDs assuming you have the lion’s share of that $6.4 million in tax-deferred retirement accounts.

From MarketWatch

Another reason to pursue this strategy: When you and your wife pass away, your children will also be forced to drain inherited tax-deferred accounts within a 10-year period.

From MarketWatch

The RMD is the amount the government says you have to start taking out of tax-deferred retirement plans once you hit the age limit, which is now 73, and pay tax on that amount as income.

From MarketWatch

The new accounts are essentially junior individual retirement accounts, and the money in them grows tax-deferred.

From MarketWatch