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Posts: 152
In response to
"
you put the money in *pre-tax* and it lowers your income, which lowers your taxes. -- nm
"
by
Andie
and this is the one of the main reasons I contribute more than the match to my 401K. Sweet refundage! -- nm
Posted by
Diva (aka Diva)
Aug 30 '10, 09:40
(No message)
Responses:
right, that's where the refunds come in. you were paying tax for your gross salary, but the contributions get deducted so you paid more tax than
-
Andie
Aug 30, 09:41
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