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This is tax avoidance, which is legal. Tax evasion implies illegality. When you put money into a 401k, that's tax avoidance.
by TulliusCicero 8y ago
This is tax avoidance, which is legal. Tax evasion implies illegality.
When you put money into a 401k, that's tax avoidance.
- sokoloff 8y agoI'd argue the 401(k) is more tax deferral than avoidance.
- deleted 8y ago[deleted]