Tax-free
Definition, Meaning & Examples
Part of speech adjective
Quick meaning: Tax-free is an adjective meaning exempt from taxation.
Meaning
exempt from taxation.
Example Sentences
If your income qualifies you to contribute to a Roth IRA, you can contribute up to $7,000 this year ($8,000 if you’re at least 50) with after-tax savings. That money will grow untaxed until retirement, at which point your withdrawals will be tax-free and penalty-free after age 59-1/2, assuming the account has been open for at least five years.
Synonyms for tax-free
Depending on context, synonyms include exempt, tax-exempt, untaxed, nontaxable.
Related Words
Related dictionary entries include untaxed, nontaxable, exempt, tax-exempt, free, candid.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.