tax-deferred

adjective

US
: not taxed until sometime in the future
a tax-deferred savings plan

Examples of tax-deferred in a Sentence

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If funds are not needed in any year, the HSA funds grow tax-deferred and roll over year to year and can be withdrawn anytime tax-free for qualifying medical expenses. — Lina Storm, Forbes, 21 Mar. 2025 These policies build cash value over time, which grows tax-deferred. — Anatoly Iofe, Forbes, 6 Mar. 2025

Rhymes for tax-deferred

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tax-deductible
tax-deferred
tax disc
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“Tax-deferred.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax-deferred. Accessed 31 Mar. 2025.

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Legal Definition

tax-deferred

adjective
: not taxable until a future date or event (as withdrawal or retirement)
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