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Saver's Match
Trends
- 1IRS alerts taxpayers on new Saver's Match worth up to $2,000▼IRS sends notices on Saver's Match to taxpayers who might qualify for new benefit, worth up to $2,000
The IRS has started sending notices to taxpayers who may qualify for the new Saver's Match, a federal benefit worth up to $2,000 aimed at boosting retirement savings for low- and moderate-income earners. Eligible savers are being urged to watch for the letters and check whether they can claim the matching contribution, which is drawing attention as one of the more significant new retirement perks in years.
- 2Building $2,850 a Month in Dividend Income to Replace Social Security●How to Build $2,850 a Month in Dividend Income to Cover the Average Social Security Check
24/7 Wall St. outlines how investors could build a dividend portfolio generating $2,850 a month, enough to match the average Social Security retirement check. The piece walks through income targets, yield assumptions and stock selection needed to replace the benefit with investment income. It reflects growing interest among retirees and savers in supplementing or substituting government benefits as concerns about the program's long-term funding persist.