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  2. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    In the United States, a 401(k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401(k) of the U.S. Internal Revenue Code.

  3. 8 New or Improved Tax Credits and Breaks for Your 2020 Return

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    As tax season goes on, one of the things to do is pay attention to changes in tax deductions and tax credits you can claim when filing your 2020 income tax return with the Internal Revenue Service,...

  4. American Recovery and Reinvestment Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/American_Recovery_and...

    $15 billion: Expansion of child tax credit: A $1,000 credit to more families (even those that do not make enough money to pay income taxes). $14 billion: Expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000.

  5. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    Graph, 2020 Tax Credit for case of one qualifying child. With one child and parent filing singly or as head of household, as of 2020: Tax credit equals $0.34 for each dollar of earned income for income up to $10,540. For income between $10,540 and $19,330, the tax credit is a constant "plateau" at $3,584.

  6. Retirement’s Best Kept Secret: The Annual Saver’s Tax Credit

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    For premium support please call: 800-290-4726 more ways to reach us

  7. Retirement Stimulus: See If You Qualify for the $2,000 Saver ...

    www.aol.com/finance/retirement-stimulus-see...

    The maximum contribution amount that might qualify for the credit is $2,000 if you file single and $4,000 if you are married filing jointly, therefore making the maximum credit $1,000 for single ...

  8. What is the retirement saver’s credit and how does it work?

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    The Retirement Savings Contribution Credit (aka “Saver’s Credit”) is a frequently overlooked tool that can help boost retirement savings even more.

  9. Tax credit - Wikipedia

    en.wikipedia.org/wiki/Tax_credit

    Money portal. v. t. e. A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. [1] It may also be a credit granted in recognition of taxes already paid or a form of state "discount" applied in certain cases.

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