You can claim a tax credit up to $2,000
Tax tips: The new year is coming and you should plan before filing your taxes to save money. Learn about deadlines, income and contribution limits, for contributing to a Traditional and Roth IRA. Depending on your AGI, you can claim a tax credit up to $2,000. Your contributions to a 401k, 403(b), 457 plan, Simple IRA or SEP IRA, are also eligible for the Savers credit.