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Good example with the 401k and tax saving. So …

January 22, 2021 -

Comment on Pay Yourself First Using Buckets Not Budgets by MyMoneyDesign.

Good example with the 401k and tax saving. So many people do not understand how powerful tax deferring can be. Whenever anyone asks me how much to put in their 401k, I always tell them “the max” simply on the principle that you will save $4,500 in taxes by doing so (assuming 25% tax bracket).

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