Expanded Student Saver’s Tax Credit Act

This bill would allow full-time students to qualify for two federal tax programs that help people save for retirement. Currently, full-time students cannot use the Saver's Credit, which gives people up to $1,000 (or $2,000 for married couples) as a tax credit for putting money into retirement accounts. Starting in 2027, the Saver's Credit will be replaced by the Saver's Match, which puts up to $1,000 (or $2,000 for married couples) directly into people's retirement accounts. Under this bill, full-time students would be able to use both programs.

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