Uncle Sam Giving Taxpayers a Tax Credit, 2008
Low to moderate income taxpayers can earn a special tax credit in 2008, and the coming years, for saving money! The saver's credit helps offset part of the first $2,000 workers voluntarily contribute to Individual Retirement Arrangements (IRAs) and to 401(k) plans and similar workplace retirement programs. Also known as the retirement savings contributions credit, the saver's credit is available in addition to any other tax savings that apply.Filed Under Earned Income Tax Credit |
Tagged With Earned Income Tax Credit EITC
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