Wolters Kluwer Financial Services

Saver's Credit for Retirement Plan and IRA Contributions

This brochure explains the tax credit available to low-income savers:

  • What is a saver's credit?
  • Who can and can't claim the credit?
  • What is adjusted gross income?
  • What qualifies as an eligible contribution?
  • What are the maximum eligible contributions?
  • What is the maximum credit?

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