The Saver’s Credit Explained

Description

In the immortal words of Benjamin Franklin, “In this world, nothing is certain except death and taxes.” And it’s hard to believe that dreaded time of year – tax season – is upon us once again. On this episode ofClearPath – Your Roadmap to Health & WealthSM,we’ll be discussing what could be a bright spot for many this tax season – a little-known IRS tax credit for retirement savers known as the Saver’s Credit. I’m your host, Al Waller and joining me today is Catherine Collinson, CEO and president of nonprofit Transamerica Institute®and its Transamerica Center for Retirement Studies® to explain the Saver’s Credit, who can benefit from it, and how to claim it.