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Financial Planning / Tax Strategies


Subject:  Re: Tax Deferred Annuity right for me? Date:  4/26/2013  3:38 PM
Author:  Patzer Number:  118486 of 130720

I'm 53 in a high income bracket and getting killed in taxes.

I recommend you spend some time doing volunteer tax returns with a VITA program. The world looks different after I see people trying to live on a total annual income less than my federal income tax obligation. This doesn't reduce my tax obligation, but it helps me appreciate what I get to keep.

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