An underutilized incentive to save for retirement might get a bit wider exposure, if the National Institute on Retirement Security and the Pension Rights Center have their way.

The two institutions have teamed up to issue a fact sheet on the Saver's Credit, so that people unfamiliar with the incentives it offers might discover the assistance it offers in putting away money for retirement.

Also known as the Retirement Savings Contribution Credit, the Saver's Credit allows lower-income workers who put money into a retirement account to receive a credit on their federal income taxes—stretching their retirement savings dollars a little further.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.