Retirement savings tax credit can cut your tax bill

RETIREMENT

Could you tell me more about the retirement savers’ tax credit and what I have to do to claim it? Officially known as the Retirement Savings Contribution Credit, this can reduce your tax bill by up to $1,000. It is designed to encourage lower-income workers to save for retirement, but it can also benefit those [...]

How to purge your financial clutter

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You don’t really need to keep those towering piles of paper records. Here are tips on what you should throw out and how to organize what you should keep. You may not be ready to go entirely paperless, but chances are good you’re hanging on to a lot more dead trees than you should. Now [...]