Tax Credits
Saver's Credit for Seniors (65+)
Tax credit for contributions to a retirement account. Here's how seniors (65+) can qualify and apply.
$100โ$1,000/year
10%โ50% credit on up to $2,000 in retirement contributions
Eligibility Requirements
Income Limit
Below 250% of the Federal Poverty Level
Age: 18+
Saver's Credit for Seniors (65+) by State
FAQ
Can seniors (65+) get Saver's Credit?
Seniors (65+) may qualify for Saver's Credit if they meet the eligibility requirements including income below 250% FPL.
How much is Saver's Credit worth?
Saver's Credit is worth $100 to $1,000 per year. 10%โ50% credit on up to $2,000 in retirement contributions.