Resources to learn more about the Saver's Credit
The Saver's Credit is an important tax credit that many American workers who save for retirement may be missing out on. The IRS' Retirement Savings Contributions Credit, also known as the Saver’s Credit, is available to low- to moderate-income workers who are saving for retirement through a qualified retirement plan such as a 401(k), 403(b), IRA, or new myRA, yet just 25 percent of American workers with annual household incomes of less than $50,000 are aware of the credit, according to the 16th Annual Transamerica Retirement Survey. Here TCRS provides resources for individuals, financial advisors and employers to learn more about this important tax credit and to share with clients, employees, family and friends.
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