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Articles / Articles / Money Saving / | ![]() |
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Are You Eligible For a Tax Break? |
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By Stas Bekman.
Published: 16 July 2006
Check those tax books and guidelines and may be even invest into a consultation with a tax expert. A little invested time and money may result in a nice check from the government.
Participate in a 401(k) or 403(b) plan, or the equivalents. This shrinks your taxes and saves you for the future.
Put as much as you can into tax-free IRA/Roth IRA/RRSP/other accounts. You get taxed less and the gain on the programs is tax-free, until you withdraw
Be creative and think of the ways you could fit your situation to various deductions and privileges. This is especially important if you have a family and children, as there are many more options that could give you more money back.
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Individual
Retirement Account - IRA Roth
IRA Tax
Topics - Topic 424 401(k) Plans 403(b)
Plan Tutorial RRSPs
and related plans Investment
Centre | RRSP Centre |
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