How the Saver's Credit Boosts Retirement Savings in 2026

Lucas and Luna break down the Retirement Savings Contributions Credit, commonly known as the Saver's Credit, and how it can put up to $1,000 back in your pocket when you save for retirement in 2026. They walk through the income limits, the credit rate tiers (50%, 20%, 10%), and the often-missed catch: it's a non-refundable credit, so it reduces what you owe but doesn't produce a refund. They also explain why the credit is worth more if you're careful about your adjusted gross income, and how a single dollar of extra income can knock you down a tier. The episode includes a concrete example: a single filer earning $32,000 who contributes $2,000 to a 401(k) and gets a $400 credit. They also discuss the recent changes under the SECURE 2.0 Act, including the new federal matching contribution for low-income savers starting in 2027, which makes planning now even more important. If you're a moderate earner saving for retirement, this episode will show you how to claim a credit you might have overlooked. #SaversCredit #RetirementSavings #TaxCredit #2026TaxSeason #SECURE2Act #RetirementPlanning #TaxStrategy #PersonalFinance #Finance #TaxTips #IRAContributions #401kMatching #LowIncomeSavers #TaxSeason2026 #FexingoBusiness #BusinessPodcast #PodcastEpisode159 #LucasAndLuna Keep every episode free: buymeacoffee.com/fexingo