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: post by Slag rag at 2010-02-01 11:06:15
Also, for the youngsters, the more you defer to your 401k, the less your taxable income, the lower your tax bracket = the less the goverment takes from you.

This works to your favor, as generally, in retirement, you are at a lower tax bracket than when you were working... = the less taxes on your money overall lifetime = the less the government takes from you lifetime
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