Saver's Credit - 0.2 CPE

The Saver’s Credit is designed to encourage retirement savings for low- and moderate-income taxpayers. However, eligibility rules, income phaseouts, and distribution testing periods can significantly affect whether taxpayers qualify for the credit.

Learning Objective

Identify how retirement contributions, income limitations, and distribution rules affect eligibility for the Saver’s Credit.

Course Description

This nano-learning course explores the Saver’s Credit rules applicable to eligible retirement contributions, including income thresholds, testing period limitations, and upcoming Secure 2.0 changes.

Who Should Attend

Tax professionals, enrolled agents, CPAs, financial advisors, and preparers assisting clients with retirement planning, retirement account contributions, and individual income tax compliance.

Why This Topic Matters

Many taxpayers fail to claim the Saver’s Credit or incorrectly calculate eligibility due to misunderstood income limitations, distribution testing periods, and qualifying contribution rules. Understanding the current rules and upcoming Secure 2.0 Saver’s Match provisions is essential when advising clients on retirement savings opportunities and compliance requirements.

Author / Instructor

Lee T. Reams, Sr., BSME EA
Lee T. Reams, Sr. is an Enrolled Agent with extensive experience in tax preparation, representation, and advanced tax planning. He is known for helping practitioners apply complex tax rules in real-world client situations.

Course Details

This course qualifies for NASBA continuing professional education credit. CountingWorks, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Understand the Rules Behind the Saver’s Credit and Future Saver’s Match Provisions

Start Saver’s Credit and learn how contribution limits, MAGI thresholds, testing period rules, and Secure 2.0 changes affect retirement savings incentives.