We’re in our mid-40s and are finally making big salaries – is there anything we can do to reduce our tax bill and retire earlier?

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Key Points It can be a big blow when your salary finally rises and the IRS takes a big chunk of it. Maximizing IRAs and 401(k)s can lower your tax bill. Work with a professional for more customized strategies. Are you ahead, or behind on retirement? SmartAsset’s free tool…

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