2012 Tax Law Changes affecting your 401(k), IRA … eligibility for Savers Credit is Expanded.

Several changes go into effect in ’12 … each for the better.

  • You may contribute more to your 401(k) Plan or other Employer-Sponsored Plan.
  • The IRA Income Limit restrictions have been loosened for 2012
  • Roth IRA Income Limit Restrictions have also been relaxed for 2012
  • Eligibility for Saver’s Credit has been expanded

See the details on Investing Answers.

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