Today's Market

updated 5 hours ago Sponsored by:
DOW 17,827.75 12.81 0.07%
S&P 500 2,072.83 5.80 0.28%
NASD 4,787.32 29.07 0.61%

Community: Investing Wiki

Term Of The Hour

pre-tax retirement fund: Original post by Wanda Thibodeaux of Demand Media Individual retirement accounts may be pre- or post-tax. Pre-tax IRAs are known as traditional IRAs. With these accounts, the money you use for contributions is deposited before you pay taxes on it; you pay the tax when you withdraw the money from the account. Usually, these accounts can only be in one owner's name, meaning you cannot jointly own…

Want to learn more or edit this definition?
Click here to read more!