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3 Easy Ways to Lower Your Tax Bill

One of the trickiest things about investing in retirement accounts is that by the time you know how much you could’ve contributed for a tax break, it’s too late (e.g., you can only make 401(k) contributions through Dec. 31). But there are a few types of investment accounts that'll help you save taxes, and that allow contributions right up until the tax deadline, making them incredible options for last-minute savings. After all, I prefer deductions that come from investing over deductions for spending: Why would I spend $100 to save $32 when I could invest (read: keep) $100 to save $32? Want to watch the full episode? Tune in here:    • Got A Tax Bill? Here's How To Lower It   - Read Money with Katie: https://moneywithkatie.com/ Follow Money with Katie! Instagram -   / moneywithkatie   Twitter -   / moneywithkatie   TikTok -   / moneywithkatie   #MoneyWithKatie #Money #Taxes #PersonalFinance #IRAs #TraditionalIRA #SEPIRA #HSA #Investing #Finance #FinancialLiteracy #Tax

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