Wednesday, November 7, 2018

You Could Get Free Money to Save for Retirement -- Seriously -- The Motley Fool

You Could Get Free Money to Save for Retirement -- Seriously -- The Motley Fool: There's a little-known tax credit that gives low- to middle-income Americans free money for their retirement savings.

Many American workers are familiar with some of the tax benefits of retirement savings, such as the fact that their 401(k) contributions aren't included in their taxable income. Others know that they can get a deduction for traditional IRA contributions, or that they don't have to pay tax on the dividends received in their retirement accounts each year.

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