Are you tired of seeing a significant portion of your income disappear into the hands of the taxman… or taxwoman?
You’re not alone. But there’s good news. We have the #1 way to save on your taxes: maximizing your retirement contributions.
Here’s how it works:
Timecode: 00:15 Max Out Retirement Contributions:
This video illustrates how a typical couple can save over $5,000 annually on their taxes simply by maximizing their contributions to retirement accounts. By doing so, you lower your Adjusted Gross Income (AGI), leading to significant tax savings.
Timecode: 01:04 Unlock Additional Tax Credits:
Lowering your AGI through retirement contributions can make you eligible for other tax credits, such as those for education, adoption, and childcare.
Timecode 01:37 Don’t miss out on the Education Credit!
This is a credit not a deduction.
Double the Advantage: If you’re part of a couple, maximizing retirement contributions can effectively double these advantages.
From confusion to clarity, Accountabilities has you covered.