Increased Savings Opportunities

Topics:
Accounting software,
Retirement,
Taxes
Tags:
Finance,
Financial Planning,
Free Trade,
Investopedia,
Taxes
Source:
Investopedia

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Overview: Many taxpayers meet with their financial consultants each year to determine how much can be put away for retirement savings for the current year and upcoming tax years. Thanks to the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), various limits on retirement plan contributions were increased. To make realistic projections for one's retirement planning, one needs to be aware of these limits and the other benefits brought about by EGTRRA.

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Format: HTML | Date: Dec 2002 | Pages: 3

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