post-tax
Income minus withholdings
Post-tax describes amounts remaining after taxes have been deducted or paid: post-tax income, post-tax returns.
The opposite of pre-tax.
A salary of $80,000 might be $60,000 post-tax depending on your bracket.
Post-tax contributions to retirement accounts use money that's already been taxed, unlike pre-tax contributions that reduce taxable income now.
Earnings after taxes
- net payEarnings after withholdings
- disposable incomeEarnings minus essential costs
- earningsMoney gained from work
- salaryFixed periodic employment payment
wages · paycheck · compensation · net earnings · bottom line · real wages · pocket money · net income
Earnings before any deductions
- withholdingKeeping from another
- deductionsConclusions from reasoning
- exemptionsReleases from obligation
- FICAFederal wage withholding law
Medicare · Social Security · standard deduction · itemized deductions · refund
Funds allocated for post-work years
- Roth IRATax-advantaged retirement account
- savings ratePercentage of income saved
- budgetingAllocating funds systematically
- investment returnsProfit from capital deployed
emergency fund · financial goals · spending plan · wealth building · asset allocation · cash flow · net worth · money management
Income after subtracting costs
- retained earningsProfits kept by company
- dividendsProfits paid to shareholders
- shareholder returnsProfits paid to owners
- bottom lineEssential point or conclusion
corporate earnings · profit margin · net revenue · financial statements · earnings report · quarterly results · operating income · fiscal year
take-home
Earnings after taxes
- net payEarnings after withholdings
- disposable incomeEarnings minus essential costs
- earningsMoney gained from work
salary · wages · paycheck · compensation · net earnings · bottom line · real wages · pocket money · net income · deductions
gross income
Earnings before any deductions
- withholdingKeeping from another
- deductionsConclusions from reasoning
- exemptionsReleases from obligation
FICA · Medicare · Social Security · standard deduction · itemized deductions · refund
retirement contributions
Funds allocated for post-work years
- Roth IRATax-advantaged retirement account
- savings ratePercentage of income saved
- budgetingAllocating funds systematically
investment returns · emergency fund · financial goals · spending plan · wealth building · asset allocation · cash flow · net worth · money management · discretionary spending
net profit
Income after subtracting costs
- retained earningsProfits kept by company
- dividendsProfits paid to shareholders
- shareholder returnsProfits paid to owners
bottom line · corporate earnings · profit margin · net revenue · financial statements · earnings report · quarterly results · operating income · fiscal year · balance sheet
- paycheck deductionswithholding, health premium, FICA, 401k, garnishment
- payrollpaycheck, gross pay, base salary, net pay, pay stub