Check out some similar questions!
What type of savings account should I open?
[ 3 Answers ]
I am currently saving about $1,000.00 per month. Right now it is just sitting in my checking account. I am hoping to purchase a town-house early next year with what I am saving. What type of account should I be saving into?
Retirement Savings and Contibution Credit
[ 1 Answers ]
I worked as a NYC teacher in the 1970s. Although I was never vested, I left my pension plan money --which consisted of a QPP(qualified pension plan) and TDA(teacher deferred annuity--this was not an elective component, but mandatory part of plan) in the system when I left in 1977, until 2005. At...
Retirement Savings Credit
[ 1 Answers ]
Hi! Question for my in-laws tax return... They appear to be eligible for the 2006 Credit for Qualified Retirement Savings Contributions. (i.e. they are under the $50K income limit for MFJ, and meet all other requirements.) However, they have received some pension income from former employers...
How Much Savings for Retirement
[ 4 Answers ]
A friend is planning on retiring by 50. She asked me how much money she should have in her retirement account in order to retirement. I gave her two scenarios: (1) with a retirement pension and (2) with no pension. So, if she has a pension, I told her she needed enough in her retirement...
Can we take Retirement savings contributions credit
[ 1 Answers ]
We are filing jointly and have made elective deferral to 403(b). The amount on Form 1040 line 38 is under $50,000(excluded my husband's foreign income using Form 2555-EZ). However, for Form 8880 line 8, it says, "See pub. 590 for the amount to enter if you are filing Form 2555-EZ......" As I... View more questions Search
Add your answer here.
|