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  2. 8 Things You Can Do Now to Reduce Your Tax Bill - AOL

    www.aol.com/8-proven-strategies-reduce-tax...

    Effective tax planning can significantly lower your taxable income, ... You can maximize your 401(k) contributions to reduce current tax liability, while also funding a Roth IRA to enjoy tax-free ...

  3. Do 401(k) Contributions Reduce Your AGI? - AOL

    www.aol.com/401-k-contributions-reduce-agi...

    Contributing to a 401(k) not only helps you save for retirement but offers the added bonus of reducing your adjusted gross income and lowering your tax liability for the year. A financial advisor ...

  4. 401(k) Contribution Limits Are Going Up in 2025 - AOL

    www.aol.com/finance/401-k-contribution-limits...

    If you have a traditional 401(k), your contributions will reduce your taxable income for the year. Total contribution limits : In 2025, the employee-only limit is $23,500, up from $23,000 in 2024.

  5. 7 tax tips to make sure you get the biggest refund ... - AOL

    www.aol.com/finance/7-tax-tips-sure-biggest...

    "Increasing 401(k) contributions can help reduce taxable income for the future year," says Lawrence. "Having a good understanding of your situation can help determine the most advantageous way to ...

  6. Is It Worth Making 401(k) Catch-Up Contributions or Should ...

    www.aol.com/finance/worth-making-401-k-catch...

    For those in the higher tax brackets, an extra $7,500 contributed to a 401(k) could well reduce your taxable income at a rate of 25% or more, potentially saving thousands in taxes — which might ...

  7. How To Reduce Taxes In Retirement: 7 Ways To Lower Your Tax ...

    www.aol.com/finance/reduce-taxes-retirement-7...

    1. Go with a Roth IRA or Roth 401(k) Workers can save with pre-tax IRAs and 401(k)s, letting them avoid taxes on their contributions and growing their assets tax-deferred. While it may feel great ...

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