What is the retirement savings contribution credit

[CiaraM]

According to the IRS its, " The Savers Credit, formally known as the Retirement Savings Contributions Credit, applies to individuals with a filing status and income of:

• Single, married filing separately, or qualifying widow(er), with income up to $27,750
• Head of Household with income up to $55,500

Here's a link from the IRS with the article as well. https://www.irs.gov/uac/get-credit-for-your-retirement-savings-contributions