Personal Finance Advice and Commentary

Don’t miss Uncle Sam’s reward for taxpayers who save for retirement.

If you’re doing your taxes soon, don’t miss the saver’s credit. It’s a great retirement planning tool. The saver’s credit is available to middle-income workers and those who make less than that who are saving for retirement. Lots of people overlook it — only 10 percent of full-time American workers with annual household incomes of

The IRS yesterday announced the 2011 contribution limits on tax-advantaged retirement savings plans. Because inflation is low, most of the limits don’t change much for 2010. The employee contribution limit for 401(k)s, 403(b)s and 457(b) plans, and the federal government’s Thrift Savings Plan is unchanged at $16,500, although if you are over 50, you can