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For instance, the median holding in a retirement account for all workers aged 55–64 is only $15,000, but the average worker needs $600,000 to supplement Social Security and maintain their ...
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The Making Work Pay tax credit was a personal credit provided in tax years 2009 and 2010 to U.S. federal income taxpayers. [1] It was authorized in the American Recovery and Reinvestment Act of 2009 . The credit was given at a rate of 6.2 percent of earned income up to a maximum of $400 for individuals or $800 for married taxpayers.
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