HR Glossary for HR Professionals
Glossary of the most common HR terms and acronyms to assist professionals navigating the ever-growing and ever-changing world of HR terminology.
What is an after-tax deduction?
After-tax deductions, or post-tax deductions, are payments automatically deducted from an employees’ income after taxes have been withheld. Those include federal, state and local income taxes, social security and Medicare taxes. Furthermore, some examples of after-tax deductions include Roth IRA contributions, 401(k)s, disability insurance, or garnishments.
Related Terms: Post-Tax Deduction