Taxes are probably the furthest thing from your mind. But now, months before the end of the year and the start of tax season, is a good time to takes steps to lower your tax bill for 2008. Take the “Saver’s Credit” for example. One way for low and moderate income Americans to save on taxes is by saving for retirement. If you make voluntary contributions to an employer-sponsored retirement plan or to an individual retirement arrangement, you may be able to take a tax iva-glossary/credit” class=”kblinker” title=”More about credit »”>credit. Formally known as
Continue here: Saver’s Credit for Retirement Savings Contributions
Tags: 74div-class, 74h2-class, congress, credit, include-data, irs, loop-values, real-estate, resolutionaries, retirement, saver, savers-credit, savings-contributions, statistics, taxes
