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Bookmark or Share- What Are Pre-Tax Deductions? – Forbes AdvisorPre-tax deductions are taken from an employee's pay before taxes are withheld. These reduce taxes owed and increase take-home income by lowering the income that is taxed.
- Pre-Tax Deductions: Definition, Types, and Examples - FreshBooksUnderstanding pre-tax deductions can save money for employees and employers by reducing their taxable income. By taking care to plan your pre-tax deductions and contributions thoughtfully, you can significantly reduce your tax burden and plan for the future at the same time.
- What’s the Difference Between Pre-Tax and Roth Contributions?You can make either pre-tax or after-tax contributions to a tax-advantaged retirement plan depending on the type of plan you have. Learn about the pros and cons.
- What Are Pre-Tax Contributions? - The TurboTax BlogCurious about pre-tax contributions? Explore how they work, from lowering taxable income now to deferring taxes on your retirement savings.
- Understanding Pre- and Post-Tax Deductions on Your Paycheck - Yahoo FinanceUnderstanding Pre-Tax vs. Post-Tax Deductions. Pre-tax deductions are when your employer pulls money out of your check before the IRS gets its claws on its share of your income.
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