ChooseFI Logo

Is The Retirement Saver’s Credit Worth It In 2020? | Ep 213

Top Articles

New users get 1 year FREE of M1 Plus and earn $30 if they fund their accounts with $1000 or more in the same month!

  • $0 commission-free trading
  • Investing made easy with automatic rebalancing
  • Low 2% rate for emergencies or to consolidate loans

Start a new,

HIGH PAYING CAREER 

No tech experience
or degree required

Take the Salesforce Challenge

Share This Post
Share on facebook
Share on linkedin
Share on twitter
Share on email
Share on pinterest
Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

In Today’s Episode

What You’ll Get Out Of Today’s Show

  • Memorial Day – Cooking with ChooseFI recipes. Enjoy some “FI-ne Dining” while saving in the process.
  • Retirement Savers Credit – The guys detail this little known tax credit. Tax credits v tax deductions AND refunded v non-refundable credit. Sean mentioned this on is live: choosefi.com/live. With the larger standard deduction, this may benefit a very specific individual or household, but hey, that’s a benefit to them!! More details on the IRS website.
  • FI is power: not only does it make decisions easier, it relieves stress, and provides a community! Feedback and negotiation tips for teachers in the ChooseFI Educators group (in response to Monday’s episode 211)
  • Brad was on Jillian’s latest episode of Everyday Courage on Monday as well. Clear = Kind, be clear with people when you communicate!
  • ChooseFI Case Studies are coming! First one was this past Wednesday choosefi.com/212

Resources Mentioned In Today’s Conversation

If You Want To Support ChooseFI:

  • Share FI by sending a friend “ChooseFI: Your Blueprint to Financial Independence“.
  • Transcript Here

     [fusebox_transcript]

    Subscribe To The FI Weekly

    Action, accountability, inspiration, and community. Join the movement. Get started on your Path to FI

    Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.
    More To Explore