ELCO Mutual News

Tax Deferral: The Power of Compound Interest | ELCO Mutual

Posted by Admin on April 19, 2023

  The old saying “There are two things you can’t avoid: Death and taxes” is a popular phrase for a reason. However, while the Internal Revenue Service (IRS) is often strict with taxation-related issues, there are some ways to put off taxes on your income and reduce the amount of money you owe on your yearly income.

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Topics: Annuities, Taxes, Retirement