How do you save taxes & etc . If you are making more than 175K(bonus included, no stocks).
Max out 401 K,
Can I put money in IRA?
Is there any other options to save taxes?

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Posting as :
works at
You are currently posting as works at

If you're W-2, there's not much you can do unfortunately.

You could always get into real estate but the amount you "save" on taxes does not outweigh the capex required to be spent on acquiring property, developing it, and then selling it or renting/maintaining it.

like

You can do backdoor Roth, but that doesn't save taxes, 401k and HSA best bets

like

Following I am close to your number

Max out 401(k)
Max out HSA
Contribute to FSA (if you’re actually going to use the funds)
Donate money (this is essentially a wash, either pay taxes or save money in taxes and use those funds to donate to non profits)

How to open a HSA if it’s not offered by my employer? My employer only offer it if I am in a specific health plan that is not good to me

There are restrictions. If you’re not in a high deductible plan, you likely won’t be able to, but you’d have to review the restrictions yourself and see if you plan is eligible.

like

Move to Dubai
Wait 3 years
Renounce American citizenship
Voila! Tax-free life!

Hopefully you have an alternative passport

401k, HSA, FSA, and possibly 529 - if you have kids and your state offers a tax deduction

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