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Subject:  Re: Retirement planning and other considerations Date:  8/26/2000  9:24 PM
Author:  Mark0Young Number:  24378 of 78166

With the exception of a 401(k) being tax-deferred, does it help in any other way with my taxes, or do you simply mean that portion of my income invested in a 401(k) isn't immediately taxed?

No, just that a 401(k) is (usually) funded with pre-tax money. So if you contribute $1200/yr to your 401(k), box 1 of your W-2 will be $1200 smaller t