Note: This writer is not CPA or tax quality. This article is for general information purposes, and might not be construed as tax aid. Readers are strongly encouraged to consult their tax professional regarding their personal tax situation. If everyone spouse each put 5,000 dollars for the 401k account, that would cut back your annual taxable income by ten thousand dollars. This means that your adjusted gross earnings are $66 plethora of. That will yield a substantial tax cost savings. Ano...