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351 | Year End Tax Planning 2021

ChooseFI

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How to Lower Your Modified Adjusted Gross Income

You can decrease your modified adjusti gros income by funding, and this is the problem, by funding your four o one k. The other thing is, there might be some folks still in open enrolment right now. And the h s a is a great mechanism to lower taxible income as well. We've talked a lot about the health savings account, the high deductable health plan, on the choos a fi podcast in the past.

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