Few Baby Boomers Know This Retirement Tax Credit Exists

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Millions of taxpayers — and particularly those who are baby boomers — may be missing out on the chance to slash their tax bill by as much as $2,000 each year. Less than half (49%) of U.S. workers are aware of a federal tax credit that can do just that, according to a recent survey of more than 5,700 workers by the Transamerica Center for Retirement Studies. It’s called the retirement savings…

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Karla Bowsher

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