After Tax Deduction

What is After Tax Deduction?

After Tax Deduction is also known as post tax deduction. As pretax deduction is a type of deduction from the employee's gross pay before tax withheld whereas the post tax deduction is the deduction from employee's net pay after taxes are withheld.

Example Of After Tax Deduction

Here are some examples of After Tax Deduction or Post Tax Deductions,

• Garnishments
   • Students loan
   • Medical Bills
   • Credit cards and other debt

• Roth 401 (K) – Employer sponsored retirement plan

• Insurances
   • Disability insurance
   • Life insurance

• Benefit programs

• Charitable contributions

Related: Before Tax Deduction, Payroll Deduction, Withholding