Tag: retirement
Just one in four of the low-income workers eligible for the federal tax credit for retirement saving are even aware that it exists. The IRS, as I said in a previous blog, practically “gives money away” through its Saver’s Tax Credit, which returns as much as half of the amount saved to the tax filer…
There’s new evidence to remind us that nothing much changes: we are still baffled by our DIY retirement system. And no wonder! First, saving must start at a young age, when retirement is an abstraction. Saving is further stymied by two big questions: how much to save and how to invest it? It’s also smart…
