savers credit

2016 vs. 2017 Savers Tax Credit and Income Limits to Help Workers Save for Retirement

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The savers credit, which helps lower income earners save for retirement by providing an offset to retirement plan (401k and IRA) contributions. But a lot of people don’t know about or take advantage of this little known credit, officially referred to by the IRS as the retirement savings contributions credit.. The savers credit was made a permanent part […]

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Using the Savers Tax Credit To Offset IRA and 401(k) Retirement Plan Contributions – 2012 vs. 2013 Income and Contribution Levels

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See this article for the latest Saver’s tax credit details and updated annual thresholds. ____ [Updated with 2012 and 2013 information] Despite tough economic times, you should not lose sight of your longer term retirement savings. This is where the little known IRS recommended savers credit can help you to keep contributing towards a retirement plans […]

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