Most Americans understand that socking away money in retirement accounts, such as IRAs and 401(k) plans, is a good way to earn tax-advantaged income. But not as many understand that how you save, and when you pay your taxes, can matter almost as much.
In fact, one specific move, under the right circumstances, could potentially boost your retirement nest egg by $100,000 or more. While it’s not right for everyone, given the right scenario, it can be a relatively easy way to pump up your retirement savings.
