Tax-sheltered Definition

Tax-sheltered Sentence Examples

• Put simply, the basic definition of a tax sheltered annuity is the system in which you pay into a retirement plan via your employer.

• In most cases, tax sheltered annuities offer the added bonus of employer contributions as well.

• Deferring taxes on the amount you invest into your retirement plan is a huge benefit of tax sheltered annuities.

• Don't forget that if you have a lump sum of money, and you want to put it away for future use, an annuity can offer tax-sheltered growth.

• A tax sheltered annuity, or a 403(b) plan, is a retirement plan available to employees working for specific types of employers.