Tag Archive for: savers credit

IRS Is Rewarding Retirement Savers With Up To $2,000 — Are You Eligible?

Formerly known as the Retirement Savings Contribution credit, the Saver's Credit tax break is available to low- and moderate-income earners who tuck away money for retirement. You can get a credit worth as much as $2,000 if you're filing your tax return as a married couple ($1,000 if filing single). For a break down of the rules as well as the 2022 income ranges and credit rates, CLICK ON THE HEADLINE

The IRS Is Rewarding Retirement Savers With Up to $2,000. Do You Qualify?

It may sound too good to be true, but the Saver's Credit has been around for almost a decade and has allowed many people to earn a tax break while boosting their retirement savings. CLICK ON THE HEADLINE FOR MORE