Cut Your Taxes With a Retirement Plan

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Qualified retirement plans are one of the best tax shelters available. They take advantage of the tax-saving strategy of tax deferral. The basic premise is to reduce taxes due now with a tax deduction on the amount invested in a retirement plan, letting it grow tax free, and paying taxes only when the funds are withdrawn in the future. In this video I discuss the advantages and disadvantages of the various retirement plans.


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