Before-tax contributions
The portion of an employee's salary contributed to a retirement plan before federal income taxes are deducted; this reduces the individual's gross income for federal tax purposes.
The part of an employee's salary that is contributed to a retirement plan before federal income taxes are deducted. Before-tax contributions reduce the taxpayer's gross income for federal tax purposes.
A type of retirement plan under Section 403(b) of the Internal Revenue Code that permits employees of public educational organizations or tax-exempt organizations to make before-tax contributions via a salary reduction agreement to a tax-sheltered ...
Any money you make that gets deposited into a retirement account still has social security taxes removed from it, at least in the US. Yet before-tax contributions mean that when you withdraw that money at a later point, ...
 See also: Contributions, Retirement, Contribution, Investment, Income
  
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