Tag Archives: retirement savings
Saving your money isn’t easy, though when retirement rolls around, you’ll be happy you have some cash stored away. If you work and make contributions to a retirement plan or Individual Retirement Account (IRA), you may be eligible for a specific tax benefit called The Saver’s Tax Credit. Found on tax forms under the name […]
— Read moreA traditional IRA is an account for retirement savings that can proved favorable at tax time. If your work doesn’t offer a retirement plan, or your income is below a specific threshold, then money contributed to a traditional IRA can be deducted at tax time. For 2015, the maximum amount of contributions for the year […]
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