I'm looking for options that provide the best tax breaks. Any others beside IRAs? I'm looking for something that will allow us to deduct more than the limits that IRAs provide. Our adjusted gross income allows for the IRA deduction at this point, but in the near future, our income will exceed this.
I am a teacher, so I already contribute to my state's pension plan. We max out my husband's 401K through his employer. My school district offers a 403(b), but plan participation is limited to the financial company that the school district has an arrangement with.
I am a teacher, so I already contribute to my state's pension plan. We max out my husband's 401K through his employer. My school district offers a 403(b), but plan participation is limited to the financial company that the school district has an arrangement with.