Dec 28, 2012
#90: Putting money into a 401k is a smart tax-saving money move. The Government allows us to sock away up to $17,000 of our hard-earned pay and not pay income tax on it (up to $17,500 in 2013).
The money in the account grows without making you pay taxes like a regular investment-type account would, you [...]
Read more about how a 401(k) works at https://moneyplansos.com/sos090-how-saving-taxes-with-a-401k-works/