If your income has dropped - and you can still save some money for retirement, take advantage of the savers credit. Your modified gross income must be less than $28,250 for a single and $56,000 for a couple. You can reduce the federal income tax you owe by up to $1000 for an individual or '$2000 for a couple. Read more at US News & World Report and/or check with your tax preparer on how to take the credit. If you are Workamping, this might be a way to add to your retirement funds. Jaimie Hall Bruzenak








Comments