Chris Nicholls

The Saver's Match was created as a provision in SECURE 2.0.Beginning in 2027, the program will provide eligible taxpayers a 50% match on the first $2,000 of qualified retirement savings contributions, for a maximum match of $1,000 per individual for each tax year. That amount doubles to a maximum of $2,000 for plan participants or IRA contributors who are married and filing joint tax returns.

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Lynn Cavanaugh

Lynn Varacalli Cavanaugh is Senior Editor, Retirement at BenefitsPRO. Prior, she was editor-in-chief of the What's New in Benefits & Compensation newsletter. She has worked for major firms in the employee benefits space, Vanguard and Willis Towers Watson, as well as top media companies, including Condé Nast and American Media.