To quote from the website, your total income cannot be greater than these limits for the 2008 tax year:
- $49,000 single
- $62,000 head of household
- $74,000 married filing jointly
OK, you seniors, lets get out there and save money.
In other news, do you realize that if you are a veteran or over 60 you can save on classes at UMass Lowell. In one of those TV Advertisement like stories, my wife told a fellow student in the Holocaust course at UMass Lowell Continuing Education that since he is over 60 it should be just $30, plus books (and my wife had a bunch of books she wanted to read for the course, besides those assigned). He came back to class this week and said that she had saved him over $800.
So, there is money to be saved.
Regards -- Cliff