After-tax deductions
What Are Post-Tax Deductions? Definition of Post-Tax DeductionsPost-tax deductions, also known as after-tax deductions, refer to the amounts subtracted from an employee’s paycheck after taxes and any applicable pre-tax deductions have already been withheld. These deductions may be optional, like Roth 401(k) contributions, or mandatory, such as garnishments ordered by a court. Understanding the Role […]