Understanding taxes is probably the most important aspect of making 401(k) decisions when money is tight, especially so if you are foregoing participating in a 401(k) matched by your employer. If your paycheck just covers your living expenses leaving no money to contribute to your 401(k) at work, there may be a way to change that without trimming your budget. We’ll review how to review your paycheck tax withholding to see if there is a way to protect your paycheck and participate in your 401(k) at the same time, especially if you get a tax refund. We’ll see if you need to change how much is being withheld from your paycheck for taxes and whether you can qualify for savings tax credits. Learn how to make your 401(k) contribution affordable – by using taxes withheld from your paycheck.  

Julie Jason, JD, LLM, developed her views on financial services over a lifelong career in law and management, starting out on Wall Street as a lawyer after earning her LLM from Columbia University. More than twenty-five years ago, Jason founded her own Investment Counsel firm—Jackson, Grant, Investment Advisers, Inc. of Stamford, CT, a fiduciary boutique—where her team manages personal portfolios for high net worth families. A proponent of financial literacy, Ms. Jason writes for a broad audience of every financial means. Her award-winning weekly investor education column, which celebrated a 1,000 column milestone in 2017, is syndicated by Andrews McMeel and is published locally in the Greenwich Time each Sunday and in a number of other Hearst newspapers.

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Yang Wang
203-622-7924
ywang@greenwichlibrary.org