Question: Jack and Kendra are married and file a joint return. The couple has a modified AGI of $59,000. Jack contributed $2,000 to his traditional IRA

Jack and Kendra are married and file a joint return. The couple has a modified AGI of $59,000. Jack contributed $2,000 to his traditional IRA for the tax year. Neither Jack nor Kendra have ever taken a distribution from a retirement plan. Assuming there is no limitation based on their tax liability, what is the amount of their Saver's Credit?

	$0
	$200
	$400
	$1,000

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