PULLMAN, Wash. – More than 400 low-income Washington State University students who save $1,000 in a year for school expenses will be eligible to have it matched with $4,000 more as part of the new Assets for Independence program.
The end of the year is approaching, but you still have time to maximize your supplemental retirement savings and ease your income tax burden for 2007. Tax law for 2007 allows employees under age 50 to save up to $15,500 tax-deferred savings through these supplemental accounts. Employees 50 and over can save up to $20,500. With […]
Increasing your contributions a little each pay period can greatly increase your retirement savings. Plus, every dollar you contribute reduces your federal taxable income by a dollar and lowers your tax bill at the end of the year. This year, tax laws allow you to save even more. The 2006 plan limit is $15,000 for […]