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Trump names Kushner, Rubio, Blair to Gaza board; Israel objects to lineup The Washington Post"Gaza is our show": U.S. pushes its plan over Netanyahu's objections AxiosIsrael objects to US announcement of leaders who will help oversee next steps in Gaza PoliticoWorld Leaders Consider Joining Trump's ‘Board of Peace' for Gaza The New York Times
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Here's where Trump's most jaw-dropping promises stand a year into his second term ABC NewsHere's where Trump's most jaw-dropping promises stand a year into his second term AP NewsOpinion | A Conservative Critiques Trump's First Year The New York TimesHas it only been a year? 12 months of all Trump, all the time USA Today
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Learn how to leverage AI to improve processes, power growth and make stronger connections with your customers.
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Exchange underscores president's readiness to challenge media organizations, in court and online.
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‘Sentimental Value' Dominates the European Film Awards The New York Times‘Sentimental Value' Sweeps European Film Awards The Hollywood Reporter‘Hollywood has stopped making films for adults': Sentimental Value and Sirat contend for European Film Awards - with Oscars set to take note The Guardian38th European Film Awards: ‘Sentimental Value' Wins Best Film, Director, Actor, Actress AwardsWatchEuropean Film Awards Boss
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In previously unreported remarks, the White House press secretary Karoline Leavitt told CBS News that Mr. Trump would "sue" the news outlet if it did not air an interview unedited.
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After U-Va. resignations, Spanberger names 27 to Virginia college boards The Washington PostThree members of UVA Board of Visitors resign cbs19news.comGov. Abigail Spanberger announced the Board Appointments WRIC ABC 8NewsVirginia's New Governor Moves Swiftly to Overhaul State University Boards The New York Times
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Governor Spanberger Signs Day One Executive Orders to Make Virginia More Affordable Governor of Virginia (.gov)Abigail Spanberger becomes Virginia's first female governor in historic inauguration CNNIt took 75 governors to elect a woman. Abigail Spanberger is now at Virginia's helm NPRGov. Spanberger's first executive orders target Virginia affordability in health, housing WJLA
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Winning companies will be able to pass a stress test for sustainability, regulatory compliance and financial strength.
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Rhode Island Governor Dan McKee proposed a higher tax on millionaires to help fill a hole in the state's budget.
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The Saver's Credit helps lower- and middle-income Americans who contribute to a retirement plan by cutting up to $1,000 ($2,000 for married couples) off their tax bill when they file their annual tax return. It's also a particularly good incentive to get young people started early on saving for their golden years.
SEE MORE 401(k) Contribution Limits for 2022
But the Saver's Credit as it exists today could be in for some significant changes - particularly with respect to how it's paid. The EARN Act, which was recently introduced in the U.S. Senate, would basically convert the credit into a government matching program for retirement plan contributions. Other revisions would be made, too. If passed, the new rules would take effect in 2027.
While it's too early to tell if the proposed changes will eventually be enacted into law, there is bipartisan support for major improvements to current retirement saving plans and incentives. So, depending on how the politics play out, there's a decent chance that we'll see improvements to the Saver's Credit in one form or another in the near future - and they very well could be the modifications included in the EARN Act.
The Current Saver's Credit
Currently, qualified taxpayers who contribute to a retirement plan (e.g., a 401(k), traditional IRA or Roth IRA) can claim the Saver's Credit on their tax return. For 2022, single filers and married couples filing a separate return with adjusted gross income of $34,000 or less are eli
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