Saver’s Match could boost retirement savings - NAPA
In 2027, eligible Gen Z and Millennial retirement savers could see a double-digit increase thanks to the Saver’s Match. Saver’s Match, which replaces the Saver’s Credit, was enacted under the SECURE 2.0 Act, provides eligible taxpayers with a 50 percent match on the first $2,000 of qualified retirement contributions for a maximum match of $1,000 per individual or $4,000 for a couple for each tax year. Ted Godbout explains how Saver’s Match could boost retirement savings by double-digits. Read Mr. Godbout’s article here…
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