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Our News
Thank you for your interest in Hazelden Betty Ford Foundation. Our hope is to serve you and your family with helpful information.
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Savvy Living
I am interested in contributing to a health savings account to boost my retirement savings and would like a better...
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Washington News
In IR-2023-222, the Internal Revenue Service (IRS) reminded low-income and moderate-income taxpayers they could benefit from a "Saver's Credit" in 2024.
The Saver's Credit allows individuals to contribute up to $2,000 to a retirement plan and receive a credit. The credit is also available to individuals who are a beneficiary of an Achieving a Better Life Experience (ABLE) account.
The maximum credit is $1,000 for a retirement contribution of $2,000. The maximum credit amount is increased to $2,000 for a retirement contribution of $4,000 by a married couple.
Taxpayers who are age 18 or older are eligible for the Saver's Credit if they are not claimed as a dependent on another individual's tax return and not a student. A student is defined as a person who was a full-time student or in a full-time training course for five calendar months during a tax year.
The Saver's Credit is 50% of...
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Personal Planner
Because children often look at their inheritance as a representation of their parents' love, most parents leave children...
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