The SECURE 2.0 law establishes a saver’s match to encourage retirement savings. Eventually, the match will replace the saver’s credit. There are some parallels between the two but also notable distinctions.
This year, retirees and investors nearing retirement are under stress. The inflation rate has soared to multidecade highs, equities have plummeted, and bonds, often a haven, have declined. One of the worst years in a century has been experienced by the typical portfolio consisting of sixty percent equities and forty percent bonds.