pretax

adjective
pre·​tax | \ ˌprē-ˈtaks How to pronounce pretax (audio) \
variants: or pre-tax

Definition of pretax

: existing before provision for taxes : before taxes are deducted pretax earnings/profits The most common self-directed plans, 401(k) plans, leave it up to employees to voluntarily contribute part of their pretax salary.— Ellen E. Schultz

First Known Use of pretax

1917, in the meaning defined above

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The first known use of pretax was in 1917

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Cite this Entry

“Pretax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pretax. Accessed 6 Jun. 2020.

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More Definitions for pretax

pretax

adjective
How to pronounce pretax (audio)

English Language Learners Definition of pretax

: before taxes have been taken away from a total

pretax

adjective
pre·​tax | \ ˌprē-ˈtaks \

Legal Definition of pretax

: existing or occurring before the assessment or deduction of taxes pretax income pretax contributions

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