Detailed text transcripts for TV channel - FOXNEWS - 20161219:10:53:00
Don't get hit with a huge tax bill. it actually isn't. if you want to lower your tax rate, hopefully you got a 401 k at your job or an ira. if you're under 50, you can contribute up to 18,000 for a 401(k) and $5500 to an ira. did you hit the limit. find out. if you're over 50, even better. $24,000 can go into your 401(k). do it now. your company has to process the paperwork if you want to hit the maximum before the end of the year. flexible spending accounts allow you to add more money for this year if you had a major life event like marriage or a new baby. that goes in pre-tax. make sure yo...
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