Money Plan SOS

Money Plan SOS


sos090 How saving taxes with a 401k works

December 28, 2012

Putting money in 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 r