Sometimes it takes a while to see the impact of new legislation. More than a year after Secure 2.0 was passed, researchers have taken a look at one of its key provisions — and by their estimate, it ...
Research from EBRI forecasts the two features will do more for retirement savings than other provisions. Preliminary research from the Employee Benefit Research Institute says that the SECURE 2.0 Act ...
The IRS on Thursday issued a notice requesting comments on saver’s match contributions to be paid by Treasury under the SECURE 2.0 Act of 2022 (Division T of the Consolidated Appropriations Act, 2023, ...
More than 20 million Americans stand to benefit from a federal government matching contribution to their retirement plans under a new SECURE 2.0 provision slated for implementation in 2027. That’s ...
Signed into law on Dec. 29, 2022, by President Joe Biden, the SECURE 2.0 Act expanded retirement savings options by increasing contribution limits, raising the age for required minimum distributions ...
Retirement industry representatives, providers and academics weighed in on how to best implement a federal matching program for lower-income savers. The IRS and U.S. Department of the Treasury have ...
Low-income workers are highly likely to contribute more to their 401(k)s under a forthcoming provision of the Secure 2.0 Act that will provide matching contributions from the government. When asked, ...
The Secure 2.0 Act of 2022 introduced the Saver’s Match, a program designed to give your retirement savings a significant boost. In a recent study, I investigated the efficacy of this program with ...
Employers can match your student loan payments with contributions to your 401(k) retirement plan thanks to the SECURE 2.0 Act. The IRS gave interim guidance for matching contributions for qualified ...
The retirement savings gap between higher- and lower-income households is well-documented. The real question is, what can the industry do to close the gap and help investors be better prepared for ...
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