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Saver's Match Program To Replace Saver's Credit in 2027

beebee
edited 11:29AM in Other Investing
FYI tax planning for TY2027:
The Saver’s Match is a federal program enacted as part of the SECURE 2.0 Act of 2022, and as set forth in Section 103. This law repeals and replaces current law, which provides a nonrefundable tax credit (“Saver’s Credit”) for certain individuals who make contributions to workplace retirement plans or to IRAs, with a federal matching contribution that must be deposited into a taxpayer’s IRA or qualified retirement plan.
https://rch1.com/savers-match

From Congress.gov:
Change to a Saver's Match
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