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Meanings of nondeductible contributions in English
We have no meanings for "nondeductible contributions" in our records yet.
Usage of nondeductible contributions in English
1
Changing the rules so all distributions are deemed to come first from any nondeductiblecontributions would simplify matters and reduce tax bills, Labant said.
2
If nondeductiblecontributions made up 20 percent of the account's value, then only 20 percent of the withdrawal would escape tax.