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2. Saver’s tax credit: A guide to the retirement savings incentive

   www.aol.com/finance/saver-tax-credit-guide...

   In the 2024 tax year (for filing taxes in 2025), the saver’s credit phases out at $76,500 for married couples filing jointly, $57,375 for heads of household and $38,250 for singles and married ...

3. Retirement Planning: This 401(k) Plan for Self-Employed Now ...

   www.aol.com/retirement-planning-401-k-plan...

   My Solo 401k Financial's self-directed 401(k) plans for self-employed individuals now qualify for up to $1,500 in tax credits under the Secure Act. The tax credit is a dollar-for-dollar reduction ...

4. How to claim the Saver’s Tax Credit - AOL

   www.aol.com/finance/claim-saver-tax-credit...

   As the chart shows, people with the lowest incomes benefit most from the saver’s credit. Saver’s tax credit example. Laura earns $45,000 in tax year 2023 (for filing taxes in 2024) and is ...

5. SECURE Act - Wikipedia

   en.wikipedia.org/wiki/SECURE_Act

   The law also shields employers who join a Multiple Employer Plan from liability for potential misconduct perpetrated by other employers who are in the same plan. In addition, the federal tax credit for defraying plan startup costs is increased from $500 to up to $5,000, and provides an additional $500 tax credit for plans that automatically ...

6. SEP-IRA - Wikipedia

   en.wikipedia.org/wiki/SEP-IRA

   SEP-IRA. A Simplified Employee Pension Individual Retirement Arrangement ( SEP IRA) is a variation of the Individual Retirement Account used in the United States. SEP IRAs are adopted by business owners to provide retirement benefits for themselves and their employees. [1] There are no significant administration costs for a self-employed person ...

7. American Taxpayer Relief Act of 2012 - Wikipedia

   en.wikipedia.org/wiki/American_Taxpayer_Relief...

   Some tax credits for poorer families were extended for five years, including ones for college tuition and an expansion of the Earned Income Tax Credit. A number of corporate tax breaks were extended, including the "active financing" tax exemption for major corporations (cost $9 billion), the New Markets Tax Credit Program (cost $1.365 billion ...