What Allows You To Save For Retirement And Defer Paying Taxes On Your Earnings?
What Allows You To Save For Retirement And Defer Paying Taxes On Your Earnings? Increase your 401(k) withholding. Many 401(k) plans allow you to log in and increase your 401(k) withholding, which will qualify you for a bigger tax break. This type of workplace retirement account allows employees to defer paying income tax on contributions