PLP
New Member

How much to invest in a 403b retirement plan to save in taxes?

Hi! My employer is matching my contribution to a new 403b up to a 7 percent and giving me 2 percent (16 percent max) I need to decide if this is going to help me reduce taxes and what will be the best amount to get the maximum benefit in tax reduction. I earn 75K a year. And I don't have dependants or any other way to reduce taxes.