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I know that 401K contributions are deducted from your taxable income. Is this just for federal taxes or for federal and state taxes?

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  • I know that 401K contributions are deducted from your taxable income. Is this just for federal taxes or for federal and state taxes?


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... your employer does not include these amounts in your taxable income ... income tax your 401(k) contributions ... federal income taxes based on your ...
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Positive: 41 %
The 401(k) matching contributions made by your employer ... Employer 401(k) matching contributions are not taxable to the ... state and federal ...
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Positive: 38 %

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What is a 401(k) plan? Many employers ... you don't pay federal or state income taxes on your savings or their ... money is deducted from your paycheck ...
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Positive: 41 %
3 ways to cut taxes while saving for retirement. ... sum of your contributions. 401k ... your paycheck for federal income taxes, ...
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Positive: 36 %
... tax > Understanding the tax deductions on your ... before your employer deducts any income taxes, ... federal employee contributions ...
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Positive: 22 %
Is My 401(k) Contribution Tax Deductible? ... get reported on your federal income taxes as a ... 401k contributions reduce your taxable income, ...
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Positive: 10 %

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