Tax Strategies for High Net Worth Individuals

Tax Optimization Strategies for High Net Worth Individuals: A Comprehensive Guide How do rich people reduce taxable income? Retirement accounts: a tax-saving paradise Contributions to 401(k)s and 403(b)s reduce taxable income now, potentially reducing taxes in retirement. Roth IRA conversions allow you to grow money tax-free in the future. Investments that give you a tax break Municipal bonds provide tax-free interest, while dividends from stocks can be tax-deferred. Real estate strategies: more than just buying and selling...