Nondeductible contribution

Nondeductible contribution
A contribution to either a traditional IRA or Roth IRA. Income tax is due on the contribution in the tax year for which the contribution is made.

Nondeductible contribution
Nondeliverable Forward Contracts (NDF)
Nondiscretionary trust
Nondiversifiability of human capital
Nondiversifiable risk
Nonfinancial assets
Nonfinancial services
Noninsured plans
Noninterest-bearing note ...

A savings plan for higher education. Parents and guardians are allowed to make nondeductible contributions to an education IRA for a child under the age of 18. The education IRA is now refered to as the Coverdell ESA.
Endorsement ...

nondeductible contribution The funds contributed to a qualified retirement plan, and not deductible for tax purposes. These contributions are voluntary.

See also: Stock, Deductible, Market, Option, Chart