pretax in A Sentence

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    Contributions are made with Pretax dollars.

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    Every dollar of Roth IRA contributions equals $1.11 to $1.39 in Pretax earnings.

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    Forbes said the world's 100 top-earning entertainers pulled in a combined $6.3 billion Pretax over the past 12 months.

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    Meanwhile, former world number one golfer Tiger Woods is standing at the second spot, with an eye-popping $1.7 billion Pretax.

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    However, in a Solo 401(k), you can contribute more than 25 percent of your Pretax income, which isn't allowed in a SEP.

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    A Solo 401(k) is an employer-sponsored retirement plan that allows self-employed individuals to contribute up to $56,000 Pretax, including $19,000 of employee deferrals.

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    You will need to input four variables- metro area and state where you live, your Pretax household income and the number of people in the household.

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    Since 2001, the median monthly rental price in the US has climbed significantly faster than inflation, while the typical renter's Pretax income has fallen by 11%.

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    Since 2001, the median monthly rental price in the US has climbed much faster than inflation, while the typical renter's Pretax income has fallen 11 percent.

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    Then, you need to consider special tax-advantaged accounts, like IRAs or 401(k)s, where you can contribute Pretax money and let the money in the account grow tax-free over time!

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    According to Payoneer‘s data, the average freelancer works 36 hours a week at a rate of $21 per hour, giving them an annual Pretax salary of more than $39,000.

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    When a 401(a) rollover takes place, the Pretax contributions and earnings are often rolled over into a traditional IRA, while the after-tax contributions are rolled over into a Roth IRA.

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    Employer contributions are made on a Pretax basis so that employees don't have to pay taxes on health reimbursements they receive- that includes federal, state, local and Social Security taxes.

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    Because Social Security is a government program aimed at providing a safety net for working citizens, it is funded through a simple withholding tax that deducts a set percentage of Pretax income.

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    In addition, your employer contributions are made on a Pretax basis so that employees don't have to pay taxes on health reimbursements they receive- that includes federal, state, local and Social Security taxes.

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    You will pay ordinary income tax- but not the 10% early withdrawal penalty- on the portion of the plan that represents your Pretax contributions and accumulated investment earnings, but not on the after-tax contributions.

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    Because Social Security is a government program aimed at providing a safety net for working citizens, it is funded through a simple withholding tax that deducts a set percentage of Pretax income from each paycheck.

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