Raise your hands: How many employers out there want the best possible retirement-saving outcomes for your employees? It's a no-brainer that employees' well-being is a vital component of a company's culture, and that their well-being extends to financial peace of mind. Retirement plans sponsored by employers play a huge role in helping Americans accumulate savings for their golden years, and plan features like employer matches give workers the opportunity to further maximize their savings.

An additional match for employees participating in their employer-sponsored plans—this time, from the federal government, as a provision in SECURE 2.0—will be rolled out in just a few years. The Saver's Match Program, scheduled to replace the Saver's Credit starting with the 2027 tax year, allows qualified individuals who participate in an employer's 401(k) or other sponsored retirement plan, or who contribute to an IRA, to receive a 50% federal matching contribution of up to $1,000, to be deposited directly into the plan or IRA. That amount doubles to a maximum of $2,000 for plan participants or IRA contributors who are married and filing joint tax returns.

Saver's Match eligibility extends to those taxpayers who have an adjusted gross income of $35,000 or under if they are single, or married but filing taxes separately. (Those participants who file taxes as head of household and have an adjusted gross income of $53,250 or below, and those with an adjusted gross income of up to $71,000 who are married and filing jointly, are also eligible.) A "savings sweetener" for low-income workers who participate in their employer-sponsored plan, the Saver's Match is a benefit that can be claimed in addition to any employee contributions or employer match.