Not exact matches
But by claiming a tax break known
as the Saver's Credit, singles and heads of households who contribute to a 401 (k), IRA (traditional or Roth) or similar retirement
account may qualify for a tax credit of
as much
as $ 1,000, while
married couples filing jointly may be able to snag a credit of up to $ 2,000, in effect making the federal government a partner in building your retirement nest egg.
As time went on and online bank
accounts became more popular, I added a
couple of online banks for the higher interest rate and now that I'm
married (my husband thought I was crazy but now he gets it), I have added a few more
accounts but I will explain each
account and their purpose below.
Married couples frequently double up their gifts to children and loved ones, since matching individual gifts from jointly held checking
accounts count
as separate gifts for the purpose of calculating annual tax liabilities.
Married couples account for the largest number of family households, totaling 55,858,808
as of 2013.
In the case of a
married or common - law
couple, the combined tax - free withdrawal amount increases to $ 50,000,
as both can pull $ 25,000 from their
accounts.
Q&A: How credit utilization is calculated in a
married couple's credit scores — For credit scoring purposes we remain single perpetually, but couples can boost each other's credit by adding each other as authorized users to accounts in good standing... (See Married couples and credit utili
married couple's credit scores — For credit scoring purposes we remain single perpetually, but
couples can boost each other's credit by adding each other
as authorized users to
accounts in good standing... (See
Married couples and credit utili
Married couples and credit utilization)