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re: Minimizing Tax Bill

Posted on 4/26/24 at 12:39 pm to
Posted by Boss
Member since Dec 2007
1210 posts
Posted on 4/26/24 at 12:39 pm to
Yup all W2 unfortunately. So we are rich poor lol.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37153 posts
Posted on 4/26/24 at 2:54 pm to
quote:

Yup all W2 unfortunately.


Does your company offer a nonqualified deferred comp plan, sometimes called an executive deferred comp plan?

If so, give that a look. Note some plans are great and some are awful.

Also could look at Mega Backdoor Roth. Won't save you tax dollars today but will in future.
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