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  2. American Recovery and Reinvestment Act of 2009 - Wikipedia

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

    The American Recovery and Reinvestment Act of 2009 ( ARRA) ( Pub. L. 111–5 (text) (PDF) ), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Great Recession, the primary objective of this federal statute was to save ...

  3. 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 ...

  4. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    The United States federal earned income tax credit or earned income credit ( EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. Low-income adults with no children are eligible. [1]

  5. 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 ...

  6. 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.

  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 ...

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