Money Plan SOS - Personal Finance for Everday Americans
Money Plan SOS - Personal Finance for Everday Americans
Steve Stewart
How a 401k Can Save You Income Taxes
15 minutes Posted Dec 28, 2012 at 8:14 am.
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#90: Putting money into a 401k is a smart tax-saving money move. The Government allows us to sock away up to $17,000 of our hard-earned pay and not pay income tax on it (up to $17,500 in 2013). The money in the account grows without making you pay taxes like a regular investment-type account would, you [...] Read more about how a 401(k) works at