✉news BusinessPersonal Finance first seen 5 h ago, last 16 min ago, peak #13

IRS notifies taxpayers about new $2,000 Saver's Match benefit

Original: IRS sends notices on Saver's Match to taxpayers who might qualify for new benefit, worth up to $2,000

The IRS has begun sending notices to taxpayers who may qualify for the new Saver's Match, a benefit worth up to $2,000. The program provides a federal match on retirement savings contributions for low- and moderate-income savers. Taxpayers are being advised to watch for the letters and check whether they are eligible for the credit.

Why now: A new federal retirement savings benefit is rolling out and the IRS is proactively contacting potentially eligible taxpayers, prompting attention from savers and personal finance media.

IRSSaver's Match

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• IRS sends notices on Saver's Match to taxpayers who might qualify for new benefit, worth up to $2,000 · CNBC

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