pretax
Before government's cut
Pretax describes an amount before taxes are subtracted: pretax income, pretax profits.
A pretax salary of $80,000 becomes less after withholding.
Pretax contributions to retirement accounts reduce taxable income now but are taxed upon withdrawal.
Total before subtractions
- salaryFixed periodic employment payment
- wagesPayment for work
- earningsMoney gained from work
- payrollStaff wages collectively
compensation · bonus · commission · overtime · stipend · severance · profit · revenue
Keeping from another
- exemptionRelease from requirement
- allowanceFixed periodic payment
- bracketSupport or category
- thresholdPoint of beginning
assessment · computation · estimation · projection · formula · adjustment · allocation · basis
Employer-sponsored retirement savings
- pensionRetiree's ongoing benefit
- retirementLeaving the workforce permanently
- FSAThree-letter regulatory or benefits acronym
- IRATax-advantaged retirement fund
healthcare · insurance · benefits · contribution · tuition · childcare · commuter · charity
Of public revenue
- regulationOfficial rules governing conduct
- subsidyFinancial assistance from government
- tariffTax on traded goods
- levyCompulsory government charge
duty · excise · customs · reform · legislation · compliance · reporting · filing
gross
Total before subtractions
payroll · compensation · bonus · commission · overtime · stipend · severance · profit · revenue · receipts
withholding
Keeping from another
threshold · assessment · computation · estimation · projection · formula · adjustment · allocation · basis · rate
401k
Employer-sponsored retirement savings
- pensionRetiree's ongoing benefit
- retirementLeaving the workforce permanently
- FSAThree-letter regulatory or benefits acronym
IRA · healthcare · insurance · benefits · contribution · tuition · childcare · commuter · charity · donations
fiscal
Of public revenue
- regulationOfficial rules governing conduct
- subsidyFinancial assistance from government
- tariffTax on traded goods
levy · duty · excise · customs · reform · legislation · compliance · reporting · filing · audit
- payrollpaycheck, gross pay, base salary, net pay, pay stub
- paycheck deductionswithholding, health premium, FICA, 401k, garnishment
- Payroll Taxesfederal withholding, FICA, payroll deductions, withholding, payroll deduction