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New Member
posted Jun 4, 2019 11:16:26 PM

Tax Year Prior to 2020: So I owe $675. would it be best to raise my 401 deduction by 2% or have $75.00 more FWT taken out each month?

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Level 5
Jun 4, 2019 11:16:28 PM

I can't give you financial advice. However, I can tell you that increasing your contribution to your 401(k) will reduce your overall taxable income.  Plus, the money you invest goes toward your own retirement.