Saver's Credit Calculator (2026)
The Saver's Credit rewards low- and middle-income savers with a tax credit of 10% to 50% of their retirement contributions. This calculator uses the 2026 income limits to show what your credit is worth.
How to use this calculator
- Enter adjusted gross income (AGI).
- Enter filing status.
- Enter retirement contributions this year.
- Your results appear instantly below and update as you change the numbers.
How this calculator works
For 2026 the credit rate depends on your AGI: 50% of eligible contributions for single filers earning up to $24,250 (up to $48,500 married filing jointly), 20% up to $26,250 single / $52,500 joint, and 10% up to $40,250 single / $80,500 joint. Only the first $2,000 of contributions per person ($4,000 per couple) counts, so the maximum credit is $1,000 per person. The credit is nonrefundable, and the AGI phase-outs are higher for heads of household.
Frequently asked questions
Who can claim the Saver's Credit in 2026?
You must be 18 or older, not a full-time student, and not claimed as a dependent on someone else's return. Your 2026 AGI must be under $40,250 (single), $60,375 (head of household), or $80,500 (married filing jointly). Contributions to a 401(k), 403(b), SIMPLE IRA, or traditional/Roth IRA all count.
How much is the credit worth?
Up to $1,000 per person — 50%, 20%, or 10% of up to $2,000 in eligible contributions ($2,000 per couple filing jointly). Because it is nonrefundable, it can only reduce your tax to zero, not create a refund beyond that.
Can I claim it if I already deduct my IRA contribution?
Yes. The credit stacks with the deduction — a deductible traditional IRA contribution lowers your income and still earns the credit, which is why the Saver's Credit is sometimes called free money on top of retirement savings.
Disclaimer: Results are estimates for general information only and do not constitute financial, tax, or legal advice. Figures reflect 2026 rules and may change. Always confirm current limits and consult a qualified professional before making decisions. Official figures: IRS.gov · 2026 limits per IRS tax inflation adjustments.