The nation faces a massive retirement savings shortfall, as 45% of working-age households do not have any retirement savings. Due to this shortfall, states are pursuing new retirement programs that will give millions of their hard-working citizens access to their own retirement plans for the first time. In addition to improving the retirement preparedness of participants, these programs will make millions of Americans newly eligible for an under-utilized federal tax credit called the Saver’s Credit.
How States Can Utilize the Saver’s Tax Credit to Boost Retirement Savings
View this Publication
Download PDF
Related Posts
-
Family FinancesMaking Retirement Savings Work for Everybody
October 15, 2024 Financial Security Program
-
Family FinancesThe Saver’s Match from SECURE 2.0: The Opportunity to Add Thousands of Dollars to Retirement Savings Accounts for People with Low Income
October 2, 2024 Kara Woolley Watkins & 1 more
Next Post