Are you stressed out, yet? How much time do you have to fill out your taxes? Don’t panic: US Money Reserve can save you money.
Taxes Are Due
When your taxes are due, it can be a stressful time. You don’t want to get that knock on the door from those folks in the black suit coats. The IRS can be a terrifying institution.
Of course, if everything is copacetic, you have nothing to worry about. You can take advantage of many of your IRA tax breaks. You can start by optimizing the amount that you put into your retirement account.
If you are under 50 years old, you can contribute up to $5,500 to your IRA. If you are over 50 years old, then you can contribute up to $6,500 to your IRA. This IRA tax tip can help you get the most bang for the buck.
IRA Savers Credit
One of the secrets of those who save money on their taxes is to optimize credit. How can you qualify for the Saver’s Credit? The Saver’s Credit is meant to encourage low- and medium-income taxpayers to save for their retirement, according to Turbo Tax Intuit. Read more: US Money Reserve – Blog and US Money Reserve | Crunchbase
“Depending on your adjusted gross income,” you can qualify for different percentage deductions of the first amount of money you contribute to your retirement account. The Saver’s Credit is non-refundable. It can lower the tax you owe, but cannot lead to any extra money being paid back as part of a refund.
If you make contributions to a 401(k), 403(b), 457, Simple IRA or SEP IRA, you might want to look into the Saver’s Credit. Everyone likes more money in their pockets, don’t they?
Gold Retirement Plans
They are called the “Golden Years,” aren’t they? So, shouldn’t you have gold in your retirement plans? Fort Knox doesn’t have gold bars in its vault, simply for nostalgia. Learn more about US Money Reserve: https://www.ispot.tv/brands/Iyt/us-money-reserve and http://www.manta.com/c/mml8pv9/u-s-money-reserve-in
Gold is a sign of hard work and success. “He who controls the gold, has controlled empires.” The US government has allowed you to add gold to your IRA, so why don’t you?
Gold and silver are commodities, which provide a different price model than paper assets. This can save you money while stocks are plummeting. US Money Reserve gold can be a bulwark against uncertainty. Check out what is available at this potent website.