SAVING for retirement is a challenge if you’re on a tight budget. But you may qualify for a significant tax credit that will help you get started.
The Retirement Savings Contribution Credit, better known as the Saver’s Credit , is designed to encourage people with low and middle incomes to begin building their retirement nest eggs. Eligible taxpayers can claim a credit of up to $1,000 for single filers or $2,000 for married couples who file jointly. The credit is based on 10%, 20% or 50% of the first $2,000 ($4,000 for joint filers) contributed to retirement accounts, including 401(k)s, traditional IRAs and Roth IRAs. If you qualify, the lower your income, the higher the percentage of retirement plan contributions you’ll get back on your tax return.
この記事は Kiplinger's Personal Finance の February 2024 版に掲載されています。
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この記事は Kiplinger's Personal Finance の February 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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