Money is deposited in these accounts on an after-tax basis, but the earnings are never taxed.

In 2006, it was estimated to be 19.6% for children on an after-tax basis.

"On an after-tax basis, it's not even a penny a share."

The company plans to keep the flexible benefits approach, he said, "even if we have to take it to an after-tax basis."

"When things return to normal," he said, "investors will be rewarded for holding stocks, especially on an after-tax basis."

"But there will be more and more people who report on an after-tax basis."

The one-time loss comes to $437 million on an after-tax basis.

Municipal yields on an after-tax basis are close to, or even higher than, those of junk bonds.

On an after-tax basis, this ends up being about $1,000.

But on an after-tax basis, the fund moves up into the ninth percentile among its peers.