March 2018: The Benefits of IRA Contributions

A popular annual American deadline is right around the corner, that’s right, the Individual Tax Filing deadline. For some individuals, it’s a date (April 15) to look forward to as they know there will be a tax-refund on the other side. For others, they dread this date because they know it will require them to pay additional taxes. Individuals that are in the latter category, individuals that owe money, may be able to reduce the amount they owe for current and future taxes through a number of methods. Those methods may include: applying tax credits, charitable donations and capital losses. Another method to reduce your potential tax bill, and one that provides retirement benefits, is contribu

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