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Last Updated on April 30, 2024 by VantagePoint What is the Retirement Savings Contributions Credit or the Saver’s Credit? The Retirement Savings Contributions Credit also known as the Saver’s Credit offers a benefit for low-to-moderate-income taxpayers making eligible retirement contributions, functioning as a nonrefundable credit to lower owed taxes potentially to zero.  The Saver’s Credit …

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Last Updated on April 15, 2024 by VantagePoint The start of a new year presents an excellent chance to enhance your retirement savings. A 401k plan is a retirement savings plan provided by an employer to its eligible workers. This plan allows for payroll deductions to be made either before taxes, following the traditional 401k …

Continue reading “Secure Act 2.0 Explained: Transforming Your 401k & Retirement Planning”