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re: Ways to reduce taxable income

Posted on 7/10/13 at 4:19 pm to
Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6550 posts
Posted on 7/10/13 at 4:19 pm to
Right. Maxing out life insurance is referred to as "The Rich Man's Roth"...obviously no tax deductions though.

ETA: Folks have had success with cattle, but it's cyclical.
This post was edited on 7/10/13 at 4:21 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 7/10/13 at 4:21 pm to
currently single and the near future looks to remain that way. would I even need life insurance
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