News
Saturday December 9, 2023
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Savvy Living
I am interested in contributing to a health savings account to boost my retirement savings and would like a better...More |
Washington News
In IR-2023-222, the Internal Revenue Service (IRS) reminded low-income and moderate-income taxpayers they could benefit from a "Saver's Credit" in 2024.
The Saver's Credit allows individuals to contribute up to $2,000 to a retirement plan and receive a credit. The credit is also available to individuals who are a beneficiary of an Achieving a Better Life Experience (ABLE) account.
The maximum credit is $1,000 for a retirement contribution of $2,000. The maximum credit amount is increased to $2,000 for a retirement contribution of $4,000 by a married couple.
Taxpayers who are age 18 or older...More |
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Personal Planner
Because children often look at their inheritance as a representation of their parents' love, most parents leave children...More |
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