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4 Unexpected Ways to Level Up Your IRA


An individual retirement account, or IRA, is a powerful savings tool for retirement. But there are a few tricks you might not know to make the most of your retirement savings account. Here are four unexpected ways to level up your IRA.

Image source: Getty Images.

If you're struggling to contribute to your IRA, the federal government wants to help you out. You can receive a tax credit just for contributing up to $2,000 to your retirement account if your income is below a threshold. It's officially called the Retirement Savings Contribution Credit, but everyone just calls it the "Saver's Credit."

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Source Fool.com


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