Stamets@lemmy.world to memes@lemmy.world · 1 day agoWhat is the point of fast food anymorelemmy.worldimagemessage-square172fedilinkarrow-up11.05Karrow-down112
arrow-up11.04Karrow-down1imageWhat is the point of fast food anymorelemmy.worldStamets@lemmy.world to memes@lemmy.world · 1 day agomessage-square172fedilink
minus-squarecorsicanguppy@lemmy.calinkfedilinkEnglisharrow-up2arrow-down1·16 hours ago Bump up your employer’s withholding by 5% Get that overpayment back from the IRS Immediately dump that into a retirement thing that reduces taxable income; like, same-day Next year you have another 5% windfall and a little more back from the retirement contribution. Put both back into same deal Repeat forever Slow win
minus-squareFurbag@lemmy.worldlinkfedilinkarrow-up2·9 hours agoWhy would I give the IRS an interest free loan? Taking that same 5% from your paycheck directly and setting up an automatic transfer to a high-yield savings account or an IRA each month would give you better dividends over the same period of time.
Why would I give the IRS an interest free loan? Taking that same 5% from your paycheck directly and setting up an automatic transfer to a high-yield savings account or an IRA each month would give you better dividends over the same period of time.