Today Rich and Jag look at ways to keep more of your money and give less of it to Uncle Sam.

First, we look at basic tax terms including

• Adjusted Gross Income (AGI)
• Above The Line Deductions
• Itemized Deductions
• Standard Deductions
• Taxable Income
• Credits
• Total Tax

Next, we tackle ways to reduce your W2 income:

• Contributing to a traditional 401k
• Funding a traditional IRA
• HSAs and FSAs
• Commuter Benefits

We also look at different investment strategies that can lower your tax burden.

Resources:

Email Richard: [email protected]

New Century Financial Group Website

Call Richard: 609-924-2049 x126