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Nondeductible contribution

Funds contributed to a Qualified retirement plan that are not deducted for Tax purposes, either voluntarily or because the maximum Deduction for the given year has been exceeded.

Related Terms: 5 Deduction, Qualified retirement plan, Qualified, Retire, Tax
Other Related Pages: Category: Retirement Starting With: N
Additional Related Terms: 10-Q, 12b-1 funds, 401(k) plan, 403(b) plan, 457 plan, Allowance for depreciation, Automatic Funds Transfer, After-tax basis, At par, All or any part