The 2023 Saver's Credit Is Available to More Taxpayers Than Ever
Everyone can benefit from saving for retirement. But especially when times are tough, it's hard to find the money to set aside. Anytime you can get help, it's worth taking advantage of it.
The federal government has been concerned about making sure low-income and middle-income Americans are prepared for retirement. That's why lawmakers created the Retirement Savings Contributions Credit, also known as the Saver's Credit, to help give millions of people a boost in their savings efforts. And thanks to inflation adjustments, more people will be able to take advantage of the Saver's Credit in 2023 than ever before.
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Source Fool.com