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JPMorgan's aftertax income dropped 7.6 percent after recording a tax expense, compared with a rare tax benefit of $2.2 billion a year earlier.

The dollars that employees contribute are aftertax, through payroll deductions.

Herewith, 14 ways to put extra cash to use, based on liquidity, aftertax return and risk.

Jones calculates the net present aftertax value of the payments to the daughter as $696,000.

Here’s a better way of thinking about it: In the right circumstances, the aftertax cost of the mortgage may be better than the aftertax return on an investment.