Ask Terry Questions Ira vs lowering tax liability for 2025

Ira vs lowering tax liability for 2025

By Terry Savage on February 16, 2026 | Financial Planning / Retirement

Roughly did my taxes without the overtime credit and at this point owe $3100. If I got an ira before April would it substantially erase what I would owe.

Terry Says

Good idea. BEtter pay yourself than the government!

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