Are you familiar with the Saver’s Credit? It’s a special credit that helps offset part of the first $2,000 that low- and moderate-income workers contribute to IRAs, 401(k)s or similar workplace retirement plans. The maximum credit is $1,000 ($2,000 for married couples). It can increase a taxpayer’s refund or reduce the tax owed. Eligible taxpayers must be at least 18 years old, not claimed as a dependent, not a full-time student and must meet income limits. The Saver’s Credit can also benefit certain disabled taxpayers who maintain and contribute to an ABLE account (ABLE stands for Achieving a Better Life Experience). For more information: https://bit.ly/3RaI5rd or contact us with questions. © 2023