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- Bump up your employer’s withholding by 5%
- Get that overpayment back from the IRS
- Immediately dump that into a retirement thing that reduces taxable income; like, same-day
- Next year you have another 5% windfall and a little more back from the retirement contribution. Put both back into same deal
- Repeat forever
- Slow win
Why would I give the IRS an interest free loan? Taking that same 5% from your paycheck directly and setting up an automatic transfer to a high-yield savings account or an IRA each month would give you better dividends over the same period of time.
