Saver's Credit Calculator
Calculate your Retirement Savings Contributions Credit (Form 8880) for 2025. See your credit rate tier, understand how distributions affect your eligibility, and find opportunities to optimize your credit.
401(k), IRA, SIMPLE, 403(b), 457(b), TSP
401(k), IRA, SIMPLE, 403(b), 457(b), TSP
Current year + prior 2 years + before due date
Current year + prior 2 years + before due date
Credit Rate
50%Eligible Contributions
$2,000Credit Amount
$1,000| Item | Value |
|---|---|
| Credit Rate | 50% |
| Your Eligible Contributions | $2,000 |
| Spouse Eligible Contributions | $0 |
| Total Eligible Contributions | $2,000 |
| Maximum Possible Credit | $2,000 |
| Your Credit | $1,000 |
Per-Person Breakdown
You
$2,000 eligible
= $1,000 credit
Spouse
$0 eligible
= $0 credit
Your AGI of $40,000 places you in the 50% credit tier.
50%
Highest
← You
20%
Tier
10%
Tier
0%
Not eligible
How different filing statuses affect your Saver's Credit at the same AGI.
| Filing Status | Rate | Credit |
|---|---|---|
| Single | 0% | $0 |
| Married Jointly(current) | 50% | $1,000 |
| Head of Household | 10% | $200 |
Frequently asked questions
What is the Saver's Credit?
The Saver's Credit (officially the Retirement Savings Contributions Credit, Form 8880) is a non-refundable federal tax credit for low-to-moderate income taxpayers who contribute to a retirement account such as a 401(k), IRA, SIMPLE, 403(b), 457(b), or TSP. The credit is 10%, 20%, or 50% of up to $2,000 in contributions ($4,000 if married filing jointly), depending on your adjusted gross income and filing status.
Who is eligible for the Saver's Credit?
To be eligible, you must be age 18 or older, not a full-time student, and not claimed as a dependent on someone else's return. Your AGI must also be below the income limits for your filing status — for 2025, that's $38,250 (single), $57,375 (head of household), or $76,500 (married filing jointly). The credit phases out entirely above these thresholds.
What retirement contributions qualify?
Eligible contributions include those made to a traditional or Roth IRA, 401(k), 403(b), 457(b), SIMPLE IRA, SARSEP, or Thrift Savings Plan (TSP). Voluntary after-tax contributions to a qualified plan also count. Rollover contributions do not qualify.
How do distributions affect the credit?
Distributions you received during the "testing period" reduce your eligible contributions dollar for dollar. The testing period covers the current tax year, the two preceding tax years, and the period after the current tax year but before the due date (including extensions) of your return.
Can both spouses claim the Saver's Credit?
Yes. When filing jointly, each spouse can claim the credit on up to $2,000 of their own eligible contributions, for a maximum combined credit of $2,000 ($1,000 per spouse at the 50% rate). Each spouse's distributions reduce only their own eligible contributions.
What is the maximum Saver's Credit?
The maximum credit is $1,000 for single filers (50% of $2,000) or $2,000 for married filing jointly (50% of $2,000 per spouse). These maximums apply only at the lowest income levels. At higher incomes, the credit rate drops to 20% or 10%.
Sources
Related insights
Use these guides for rule explanations, planning context, and follow-up questions beyond the calculator result.