Intentional Savings Strategies
Discover how a couple maximized their savings through intentional planning and utilizing various pre-tax accounts. They share insights on the importance of tracking contributions and setting clear financial goals, demonstrating that even without a formal plan, awareness and effort can lead to significant savings. The discussion highlights the power of leveraging multiple accounts to reach impressive financial milestones.In this clip
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How much should I contribute to my Health Savings Account (HSA)?
I have a question about this episode 169R | Prepared, Not Scared and this Tax Bracket Breakdown. If together we have an income of $210,000 and are maxing out our 401(k)s, does that make our MAGI $164,000 and therefore eligible to write off pre-tax traditional IRA contributions?
If together we have an income of $210,000 and are maxing out our 401(k)s, does that make our MAGI $164,000 and therefore eligible to write off pre-tax traditional IRA contributions?