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Saving at the Pump, and 401(k) Limits

NerdWallet's Smart Money Podcast

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What Is a Deferred Compensation Plan?

With a taxable account, you actual have more control over your tax bill. You'll owe taxes on any dividends and interests that are actually paid out. But you won't owe taxes on capital gains until you sell the investment. If you hold a stock or another investment for at least a year, you can get really favorable capital gains tax rates.

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