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Could the Saver's Credit Enhance State Coverage Initiatives? (PDF)
Center for Retirement Research [CRR] at Boston College
Apr. 26, 2016
"[S]everal states ... are setting up their own plans for uncovered workers. These state initiatives could potentially be enhanced by the federal Saver's Credit, an existing tax incentive that could, in essence, provide a match on contributions to a state plan. But the current credit is limited and not refundable; proposed legislation would extend the credit and make it refundable. This brief, using Connecticut as an example, examines the effectiveness of the current Saver's Credit and the proposed changes."
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