The new law provides a tax credit to taxpayers for contributions to retirement savings.
	This includes contributions to IRAs, SEPs, SIMPLE, 401(k), 403(b) and 457 Plans.
	The maximum annual tax credit is $1,000 (I.e., 50% of the taxpayer’s deferrals up to $2,000).   The credit is in addition to the contribution being before income taxes.
	To be eligible, AGI must be under $25,000 for a single or $50,000 for a joint filer.