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Rafael and Lucy, married taxpayers, each contribute $3,850 to their respective 5401(k) plans offered through their employers. The AGI reported on the couple's joint return

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Rafael and Lucy, married taxpayers, each contribute $3,850 to their respective 5401(k) plans offered through their employers. The AGI reported on the couple's joint return is $47,700. Determine their credit for retirement plan contributions (the Saver's Credit). Click here to access the "Saver's" Credit Rate and AGI Thresholds Table. As a result, they may claim a credis for their retirement plan contributions of s X

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