Tag Archives: saver’s credit

401(k) Contribution Limit Increases to $19,000 for 2019; IRA Limit Increases to $6,000

The following article was published by the IRS. The Internal Revenue Service has announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2019. Highlights of Changes for 2019 The contribution limit … Continue reading

Posted in Investing, IRS, Personal Finance, Personal Taxes, Planning Strategies, Retirement, Tax Deductions, Tax Tips, Taxes | Tagged , , , , , , ,

Retirees Can Visit IRS.gov for Helpful Tools and Resources

The following article was published by the IRS. Retirement can affect someone’s tax situation. Anyone who has retired recently — or who plans to retire soon — can visit IRS.gov for information that can help them prepare for filing their … Continue reading

Posted in IRS, Personal Finance, Personal Taxes, Retirement, Social Security, Tax Tips, Taxes | Tagged , , , , , , ,

Save on Your Taxes and for Retirement with the Saver’s Credit

The following article was published by the IRS. If you contribute to a retirement plan, like a 401(k) or an IRA, you may be able to claim the Saver’s Credit. This credit can help you save for retirement and reduce … Continue reading

Posted in IRA, Personal Finance, Personal Taxes, Planning Strategies, Saver's Credit, Tax Credits | Tagged , , , , ,

Still Time to Contribute to an IRA for 2014

The following article was published by the IRS. The Internal Revenue Service recently reminded taxpayers that they still have time to contribute to an IRA for 2014 and, in many cases, qualify for a deduction or even a tax credit. Available … Continue reading

Posted in IRA, IRS, Personal Finance, Personal Taxes, Planning Strategies, Saver's Credit, Tax Credits, Tax Deductions, Tax Tips, Taxes | Tagged , , , , , , ,