Low- and moderate-income workers who save for retirement in a 401(k) plan or individual retirement account could qualify for the saver’s credit. This retirement savings contributions credit can be ...

Dear Savvy Senior: Can you explain to me how the retirement saver’s tax credit works? My wife and I are in our 50s and are looking for creative ways to boost our retirement savings beyond our 401(k).

Savings yields can fluctuate regularly, but they are most likely to significantly change when the Federal Reserve announces a ...

The SECURE 2.0 Act was recently signed into law by President Biden. Coming just a few years after the first SECURE Act, this legislation makes a bevy of changes designed to make it easier for ...

The saver's credit can help lower your tax dues if you've been saving money for retirement, but there are a few things you should know about your eligibility. Thomas Kika Former Writer Thomas is a ...

LOS ANGELES, Feb. 11, 2016 /PRNewswire/ -- Millions of American workers may be missing out on a valuable tax credit this year. The Saver's Credit, also referred to as the Retirement Savings ...

The saver’s credit is a government incentive designed to encourage consumers to put away funds for their retirement at a time when almost half of all American households age 55 and older have saved ...

LOS ANGELES, Feb. 9, 2017 /PRNewswire/ -- American workers may be missing out on a valuable tax credit this year. The Saver's Credit, also referred to as the Retirement Savings Contributions Credit by ...

There's still time for some tax filers to qualify for a tax break known as the retirement saver's credit, or saver's credit, for 2023 taxes. Despite the incentive, only 5.7% of taxpayers claimed the ...

More: Can a health savings account help boost retirement funds? DEAR STRUGGLING: If your income is low to moderate and you participate in your employer-sponsored retirement plan or an IRA, the ...

Some retirement savers can still snag an extra tax incentive for 2023. However, most eligible filers don't claim it, according to the IRS. The retirement savings contribution credit, or "saver's ...