Let’s find a tax preparation office for you


Information regarding browser or device support

Oh no! We may not fully support the browser or device software you are using!

To experience our site in the best way possible, please update your browser or device software, or move over to another browser.

Personal Finance and Savings

Retirement Saver’s Credit

What is the Retirement Saver’s Credit and how can you qualify for it?

Retirement Savings Contribution

You may be eligible for a tax credit (Saver’s Credit) if you contribute to a retirement account such as an IRA or an employer-sponsored plan such as a 401(k). You may also be able to take a credit on contributions to your Achieving a Better Life Experience (ABLE) account if you are the designated beneficiary.

The Saver’s Credit is 50%, 20%, or 10% on the first $2,000 ($4,000 if Married Filing Jointly) contributed to a retirement plan or ABLE account based on your adjusted gross income – up to $64,000 if Married Filing Jointly, $48,000 if Head of Household, and $32,000 for all other filing statuses. Rollover contributions are not eligible for the Saver’s Credit and your eligible contributions may be reduced by any recent distributions you received from your plan.

To qualify you must be age 18 or older, a non-student, and not an eligible dependent for any other taxpayer(s).


Use the chart to determine the amount of your Saver’s credit, based on your adjusted gross income (AGI).



Credit Rate

Married Filing Jointly

Head of Household

All Other Filers

50% of Your Contribution

AGI not more than $38,500

AGI not more than $28,875

AGI not more than $19,250

20% of Your Contribution

$38,501 - $41,500

$28,876 - $31,125

$19,251 - $20,750

10% of Your Contribution

$41,501 - $64,000

$31,126 - $48,000

$20,751 - $32,000

0% of Your Contribution

More than $64,000

More than $48,000

More than $32,000


Why Jackson Hewitt®?

We see you

Our Tax Pros will connect with you one-on-one, answer all your questions, and always go the extra mile to support you.

We got you

We have flexible hours, locations, and filing options that cater to every hardworking tax filer.

We fight for you

We won't stop until you get every dollar you deserve, guaranteed. It's what we've been doing for over 35 years.