Posttax contributions
Term · Economic statistics · MLC-T-ECS-001469
Funds that employees establish as part or all of their retirement plan contributions after taxes have been deducted from pay.
Note: Posttax contributions and their earnings are not subject to income tax upon distribution. This approach is similar to the way a Roth IRA plan works.
| Identifier | MLC-T-ECS-001469 |
|---|---|
| Field | Economic statistics |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-001469",
"term": "Posttax contributions",
"field": "Economic statistics",
"definition": "Funds that employees establish as part or all of their retirement plan contributions after taxes have been deducted from pay.\n\nNote: Posttax contributions and their earnings are not subject to income tax upon distribution. This approach is similar to the way a Roth IRA plan works.",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/posttax-contributions/"
}
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