pretax

adjective

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

Examples of pretax in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Management has said that these may squeeze company profits, resulting in an annual $200 million pretax hit in operating income. Morgan Chittum, CNBC, 3 Jan. 2025 But while that remains to be seen, there’s already one certainty 401(k) holders can take advantage of: The maximum contribution will increase by $500 next year, topping out at $23,500 in annual pretax savings. J.j. McCorvey, NBC News, 1 Jan. 2025 Through the 2023-24 season, about $480 million in pretax salary came from his NBA earnings. Zach Harper, The Athletic, 30 Dec. 2024 With 145 events this year, Forbes estimates Pearlman will collect roughly $10 million in pretax earnings for 2024. Justin Birnbaum, Forbes, 25 Dec. 2024 See all Example Sentences for pretax 

Word History

First Known Use

1917, in the meaning defined above

Time Traveler
The first known use of pretax was in 1917

Dictionary Entries Near pretax

Cite this Entry

“Pretax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/pretax. Accessed 22 Jan. 2025.

Legal Definition

pretax

adjective
pre·​tax
ˌprē-ˈtaks
: existing or occurring before the assessment or deduction of taxes
pretax income
pretax contributions
Last Updated: - Updated example sentences
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