What is another word for tax shelter?
Pronunciation: [tˈaks ʃˈɛltə] (IPA) 
Tax shelter is a popular term used to describe a variety of investment options that provide legal ways to reduce or avoid taxes. However, there are several synonyms for this term that are commonly used in the financial industry. Some of these include tax-deferred accounts, tax-exempt investments, tax-advantaged investments, and tax-free bonds. Tax-deferred accounts allow investors to delay the payment of taxes on the income earned from their investments until a future date. Tax-exempt investments are those that are exempt from federal or state income taxes. Tax-advantaged investments are those that offer special tax benefits such as deductions, credits, or exemptions, while tax-free bonds are issued by state and local governments and are not subject to federal taxes.
