• About WordPress
    • WordPress.org
    • Documentation
    • Learn WordPress
    • Support
    • Feedback
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Huddleston Tax CPAs | Accounting Firm In Seattle

Huddleston Tax CPAs | Accounting Firm In Seattle

  • Tax Services
    • For Individuals
    • For Small Businesses
    • For Startups
  • Industry Expertise
  • Tax Guides
    • Self Employed
    • Rental Property
    • Offer In Compromise
    • City Tax
  • About
    • Our Team
    • Meeting Locations
    • Careers
    • Instructors at Small Business Webcast
  • Contact
  • Blog
  • Client Portal

3 Ways to Invest Tax Free

Home » Blog » 3 Ways to Invest Tax Free

June 1, 2015 By john

The tax rules in 2015 will feature new laws. However, there are still ways that you can invest tax-free. Today, we will provide you with a few of the ways to help you start preparing for tax time now.

Invest in a 401 (k) with Price Matching by Your Employer

Your 401 (k) is a great way to invest your money. You benefit by receiving a lower AGI. While being smart with your money your employer will match between 3-4% of what you invest.

Invest in a Traditional IRA

You can invest a maximum of $5,500 per year into your Traditional IRA account. This account type is a tax-deferred account like the 401 (k). However, you can only make a certain amount of money to qualify for the deduction. Single filers who also have a retirement plan from their employer are only allowed to make between $61,000 and $71,000.

Visit our Shoreline Blog to Read “Three Mistakes You Don’t Want to Make with Your ROTH IRA”

Contribute the Maximum Amount to Your 401 (k)

After you have maxed out your Traditional IRA, go back and max out your employee matching 401 (k) account. This means that you can invest as much as $18,000. We recommend contributing the maximum amount here after your traditional IRA since the balance is higher and it allows you to get rid of any excess money.

Closing Thought

For more help, get in touch with Seattle CPA firm Huddleston Tax CPAs.  Investing smartly can help you save money when tax season rolls around. If you haven’t already set up the accounts discussed above, make sure you start them soon. Give us a call at (425) 483-6600.

Filed Under: Taxes

Primary Sidebar

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube

Contact

18208 66th Ave Ne, Ste 100
Kenmore, WA 98028
(425) 483-6600

Meeting Locations

Bellevue | Bothell | Issaquah
Kenmore | Kirkland
Seattle | University District
Copyright 2025 Huddleston Tax CPAs | Privacy Policy | FAQ