by Russ Blahetka
on Jan 18, 2017
Could you use an extra $2000?
Almost everyone knows about the tax savings a retirement plan offers, such as a 401(k) or a 403(b). However, did you know for some tax payers there is a way to save twice, and possibly increase your refund? It is called the "Retirement Savings Contribution Credit," and it can be used even if you are contribution to a ROTH IRA.
How does it work?
If you contribute to any of the following retirement plans, you could be eligible for this credit: