The SECURE Act 2.0: The Most Impactful Provisions #11 — The Saver’s Match for Low Income Workers
Key Takeaways In the past, and for the next few years, the Internal Revenue Code provides for a nonrefundable tax credit for low-paid individuals who make plan, IRA or ABLE contributions. Unfortunately, that credit was seldom claimed on tax returns, possibly because of a lack of awareness among low-paid taxpayers. However, under SECURE Act 2.0—beginning […]