<h1>How to Shelter 66% of Your Income Legally</h1>
<p>Hi, I'm Tyler, a former financial advisor and portfolio manager, here to share some valuable financial insights for free.</p>

<h2>Step-by-Step Guide</h2>
<p>Let’s break down how you can legally shelter a significant portion of your income:</p>

<ol>
<li><strong>Annual Income:</strong> Assume you make $75,000 a year pre-tax.</li>
<li><strong>Health Savings Account:</strong> Start by contributing $4,150 into a health savings account, which allows for an above-the-line deduction.</li>
<li><strong>Traditional IRA:</strong> Next, contribute $7,000 into a traditional IRA, also an above-the-line deduction.</li>
<li><strong>Traditional 401(k):</strong> Then, add $23,000 into your traditional 401(k) as a pre-tax contribution.</li>
<li><strong>Single Filer Deduction:</strong> Finally, take advantage of the single filer deduction, which amounts to $14,600.</li>
</ol>

<h2>Resulting Taxable Income</h2>
<p>After these deductions, your official taxable income would be $26,250. This strategy effectively reduces your tax bracket from 22% to 12%!</p>

<h2>Future Projections</h2>
<p>At this rate, following these deductions and contributions can project you to become a millionaire in just under 14 years.</p>

Discover how to legally shelter a significant portion of your income through strategic financial planning and deductions. This guide offers step-by-step instructions to help you maximize your savings and lower your tax burden.