Tuesday, April 3, 2012

Take Advantage of the Retirement Tax Credit



If you make eligible contributions to an
employer-sponsored retirement plan or to an individual retirement
arrangement (IRA), you may be eligible for a tax credit, depending on
your age and income.
Here are six things you need to know about the Retirement Tax Credit or Savers Credit:


1. Income limits


Single, married filing separately, or qualifying widow(er),
with  income up to $28,250


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