<h1>How to Shelter 66% of Your Income from Taxes This Year</h1>
<p>If any of this is helpful, tune in to my new podcast, <strong>Your Money Guide on the Side</strong>, by clicking the link in my bio.</p>

<h2>1. Determine Your Income</h2>
<p>Let's say you make <strong>$150,000</strong> a year as a married couple.</p>

<h2>2. Contribute to Your 401ks</h2>
<p>You both contribute <strong>$23,500</strong> to your traditional <strong>401ks</strong>.</p>

<h2>3. Contribute to Your IRAs</h2>
<p>Next, both contribute <strong>$7,000</strong> to your traditional <strong>IRAs</strong>.</p>

<h2>4. Max Out Your Health Savings Account</h2>
<p>Then, contribute the maximum <strong>$8,550</strong> to your <strong>Health Savings Account (HSA)</strong>.</p>

<h2>5. Take the Standard Deduction</h2>
<p>After that, take the married filing joint <strong>standard deduction of $30,000</strong>.</p>

<h2>6. Calculate Your Taxable Income</h2>
<p>Now, here's the fun part. You write a love letter to the IRS, telling them that even though you made <strong>$150,000</strong> and get to live off of <strong>$80,000</strong>, they only get to tax you on <strong>$50,000</strong>. Instead of paying a <strong>15%</strong> effective tax rate, you now get to pay a <strong>3.5%</strong> effective tax rate.</p>

<h2>P.S.</h2>
<p>And then let them know you'll be a millionaire in 10 years!</p>