/biz/ - Business & Finance

if i contribute 10k to my 401k and 6500 to my IRA i can avoid my entire tax liability, for a gain of like 8000, tax avoidance gains are much better than stock gambling gains.

rolliiong for more bank crashing

OK niggers, any advice would be appreciated but here is my strategy for this year, Max out 401k maybe do 12% of my check, max the HSA and hopefully at the end of the year my taxable income is 80k or so and i can still do the 6500IRA thats also a tax deduction

the thing is ill basically be breaking even or slightly worse on my budget give or take 5k either way depending on what happens this year.

I have like 130k in cash so if i go over budget getting these tiny paychecks its like im transferring my savings into tax advantaged accounts correct?
my Tax advangted savings will grow by 25000 or so and maybe ill have to spend 5k of my regular savings to achieve this goal for the year. What do you think

How the fuck am i supposed to afford health insurance in USA? it costs me like 12k a year out of my paychecks