A tax credit available to low- and moderate-income workers who save for retirement is going begging, possibly to millions of eligible people, largely because they're unaware of its existence.
So says Transamerica Center for Retirement Studies, which points to the Saver's Credit, also referred to as the Retirement Savings Contributions Credit by the Internal Revenue Service.
The credit is available to low- to moderate-income workers who are saving for retirement.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
