Who qualifies for the Saver's Tax Credit? Any taxpayer who meets the income limits and the following criteria is eligible for the Saver's Tax Credit:You're 18 or older. How to get the most out of the Saver's Tax CreditIf you're able to free up even a few hundred dollars for retirement, you can take advantage of the Saver's Tax Credit this year. This will reduce your tax bill and could lead to a larger tax refund than you've gotten previously. If you turn around and stash this refund in an IRA or another retirement account, you could increase the size of your Saver's Tax Credit for the next year.

Source: Daily Sun September 02, 2021 12:33 UTC