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What is the Saver's Tax Credit?

TaxWarren Team

Quick answer

The Saver's Tax Credit (formal: Retirement Savings Contributions Credit) gives 10–50% credit on retirement contributions, up to $1,000 single / $2,000 married. It's in addition to any deduction; non-refundable; income-limited.

Savers Credit rate by income tier.
Savers Credit rate by income tier.

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