7 min read
What Is Tax Deferred? How It Helps You Save Money
7 min readTax deferral means putting your taxes on hold. This lets your investments grow faster. This method works well in retirement accounts, like Traditional IRAs and 401(k)s, where you pay taxes later. Consider how compounding plays a role: Your money grows faster without yearly tax bills. However, remember that Uncle Sam will want his […]Continue reading "What Is Tax Deferred? How It Helps You Save Money"