Saver’s Tax Credit

Posted on July 15, 2007
Filed Under Retirement, Saving, Taxes | Leave a Comment

If you have thought about starting to save for your retirement then this is little incentive may give you an even better reason. If you contribute to a retirement account and meet certain restrictions, then the saver’s tax credit may allow you to reduce the amount of taxes that you owe by up to $1000!!

What is the saver’s tax credit?

Depending on certain restrictions such as age and income, the saver’s tax credit could save you 10% to 50% of the eligble contributions that you make to your retirement plan.


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Hard Credit Pull vs Soft Credit Pull

Posted on July 9, 2007
Filed Under Credit | Leave a Comment

Credit inquiries

Whenever someone “checks your credit” they are essentially putting a notation on your credit history. Some of the “notations” can have adverse effects on your credit score, while some will not.

Soft credit pull

A soft credit pull, as you may have guessed, won’t have any adverse effects on your credit score. Some examples of soft credit pulls include a creditor periodically checking you credit, or a credit counseling service checking your credit (with your permission, of course)



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