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Am I eligible for the Saver's Credit from the IRS?

The Saver's Credit is a federal tax credit you can get for making contributions to your retirement plan. It can be worth from 10% to 50% of your annual contributions, but the eligibility and conditions for the credit are complicated. For more information, visit the IRS website. You may also want to consult with a tax expert or financial advisor.

Articles in this section

  • My quarterly statements aren't available yet. How can I see my recent activity?
  • What do I do if additional information is needed to open my account?
  • How are my contributions made?
  • Will services be available in other languages?
  • Is there a limit to how much I can contribute?
  • Is my contribution pre-tax or post-tax?
  • What is the default contribution rate?
  • I’m self-employed. Can I set up my own MarylandSaves account?
  • Where do my contributions go?
  • Are there income limits to participate in MarylandSaves?
See more

Related articles

  • Can I have a WorkLife Account plus another retirement savings plan?
  • Is there an administrative fee or penalty for withdrawing my money?
  • Withdrawal Processing Times
  • Can I contribute a set dollar amount per paycheck instead of a percentage?
  • How will I know if my WorkLife Account is close to the annual IRA contribution limit?
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