IRS Shares First Look at Revised ‘Saver’s Credit’ Form
The 2025 income limit for the tax credit for lower-income workers who save for retirement will increase slightly to $39,500...
Tag: Saver’s Credit
Aspen Institute Retirement Experts Look to Saver’s Match to Close Savings Gap
An Aspen Institute forum on retirement considered major sector issues, including leveraging SECURE 2.0's 50% federal matching contribution deposited directly...
Improving Access to the Retirement Saver’s Credit
The Transamerica Center for Retirement Studies suggests policymakers reduce eligibility requirements to help make the saver’s credit more accessible.
New Bill Would Change Saver’s Credit to Government Match
The Encouraging Americans to Save Act would expand the saver’s tax credit and add a COVID-19 recovery bonus for middle- to low-income workers.
Participants Need to Be Reminded About the Saver’s Credit
The Transamerica Center for Retirement Studies found six in 10 employees do not know about the tax credit.
Many Workers Unaware of Tax Credit for Retirement Savers
It is available to workers 18 years and older who have contributed to a company-sponsored retirement plan or IRA.