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Sunday, April 14, 2013

Investing and taxes: Pay now or pay later

... pre-tax money into an employer-sponsored 401(k) reduces your overall taxable income, and contributing to a traditional IRA allows folks to deduct up to $5,000 on their tax returns. These breaks could significantly lower the taxes on your peak ...

http://www.usatoday.com/story/money/personalfinance/2013/04/14/taxes-invest-retirement-irs-pretax/2065003/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+UsatodaycomMoney-Waggoner+%28Money+-+Waggoner%29

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