Savers Tax Credit
You may be eligible for a credit on your federal income taxes equal to a percentage (up to 50 percent) of the first $2,000 you invest in the Plan. The credit is available if your "adjusted gross income" (AGI) does not exceed $56,500 ($57,500 in 2012) if you are married and file a joint return or $28,250 ($28,750 in 2012) if you are single or married and file a separate return. If you have questions, please call the State of Missouri Deferred Compensation Plan Information Line at
1-800-392-0925.