Pretax contributions
Term · Economic statistics · MLC-T-ECS-001479
Funds that employees establish as part or as all of their benefit plan contributions before taxes have been deducted from pay.
Note: Pretax contributions may include contributions to retirement plans and/or healthcare plans. Pretax contributions in a retirement plan are subject to income tax upon distribution.
| Identifier | MLC-T-ECS-001479 |
|---|---|
| Field | Economic statistics |
| References | BLS Glossary |
Record as JSON
{
"id": "MLC-T-ECS-001479",
"term": "Pretax contributions",
"field": "Economic statistics",
"definition": "Funds that employees establish as part or as all of their benefit plan contributions before taxes have been deducted from pay.\n\nNote: Pretax contributions may include contributions to retirement plans and/or healthcare plans. Pretax contributions in a retirement plan are subject to income tax upon distribution.",
"references": [
"BLS Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/pretax-contributions/"
}
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