Tuesday, October 1, 2019

Tax Strategies for Seniors

Good things come to those who wait. Older taxpayers may be entitled to some age-based tax breaks. Here are the details. Catch-Up Contributions to Retirement Accounts Older taxpayers can make extra “catch-up” contributions each year to certain types of tax-favored retirement accounts. For the 2019 tax year, the maximum catch-up contributions are: $1,000 for traditional and […]

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