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However, while the money grows in the accounts, the earnings are tax-deferred, functioning akin to an IRA.—Jake Angelo, Fortune, 27 Feb. 2026 Contributions grow tax-deferred, and withdrawals used for qualified education costs are tax-free at the federal level.—David Kudla, Forbes.com, 29 Jan. 2026 Trump accounts grow tax-deferred and generally can’t be tapped until age 18.—Jessica Dickler,kate Dore, Cfp®, Ea, CNBC, 28 Jan. 2026 These plans, administered by the states, allow contributions to be invested and grow tax-deferred.—Liz Weston, San Diego Union-Tribune, 11 Jan. 2026 These accounts permit up to $5,000 in annual after-tax contributions, and allow savings to grow tax-deferred until the owners make withdrawals.—Hugh Cameron, MSNBC Newsweek, 5 Dec. 2025 The government will invest the money in low-cost index funds that grow tax-deferred.—Lauren Young, USA Today, 4 Dec. 2025 But starting in 2026, for anyone earning more than $145,000 in the previous year, these catch-up contributions will no longer be tax-deferred.—Kurt Knutsson, FOXNews.com, 29 Oct. 2025