IRS Form W 4 Bigger Paycheck, Lower Taxes and more retirement savings.
In this video I'm doing a walkthrough in explaining the IRS Form W4 and how you can increase your paycheck by savings into a retirement plan pre-tax. The savings in taxes will end up back in your paycheck.
I'm also explaining how taxes are paid throughout the year and the w4 estimates those taxes. The IRS Form W4 and your withholding won't change your total tax liability. It does change when you pay those taxes.
https://apps.irs.gov/app/tax-withholding-estimator
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TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
CERTIFIED FINANCIAL PLANNER™
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