Saver's credit from the IRS

[Skin Flint]

If you make under a certain income don't forget to try to squirrel away as much as possible into an IRA. The IRS will give you a credit for up to 50% of that amount! Here are the details:


https://www.irs.gov/retirement-plan...etirement-savings-contributions-savers-credit

 

[Tera]

NICE! I had no idea this was even a think. Great heads up. I am going to e-mail this page to family and friends. Let them know.

 

[Poet]

This is news to me as well. Going to look into this more. I wonder why more people don't talk about it. Something tells me they don't want everything knowing these kinds of things!

 

[Clipper]

I remember hearing about this but I never looked into it. Thanks for the information! I must have overlooked this last time I was on the forum.

 

[Britanica]

I wish I had seen this sooner. I am going to bookmark the page and make a note for this in my email so I remember for next year!

 

[Lisa]

I have to make a note of this for myself. So many times I see amazing deals or ways to save money and I forget about them when the time comes.