Saver's Tax Credit: A Retirement Savings Incentive

Saver's Tax Credit: A Retirement Savings Incentive

Fortunately, a non-refundable tax credit, known as the retirement savings contribution credit, can make it substantially easier to save. Often referred to as the saver's credit, it lets qualified individuals enjoy tax breaks above and beyond any tax deductions they may receive from contributions to their IRAs or employer-sponsored plans. What Is the Saver's Credit?