
The tax credit available through the Saver's Credit is equal to
A) the annual IRA contribution limit.
B) $2,000 regardless of income level and tax-filing status.
C) a percentage of the contribution made to a traditional IRA, Roth IRA, 401-k, SIMPLE plan, or 403(b) plan.
D) one-fourth of the Social Security taxes paid by the taxpayer.
Correct Answer:
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