Free Retirement money from the US government through The Saver’s Match

With retirement security becoming a growing concern for many Americans, a new federal incentive aims to make saving easier and more rewarding. Beginning in 2027, eligible low- and moderate-income workers can take advantage of the Saver’s Match, a program that allows the federal government to match up to 50% of their retirement contributions, with a maximum benefit of $1,000 per person each year. Replacing the Saver’s Credit for most retirement contributions, the Saver’s Match deposits matching funds directly into a qualifying retirement account, helping participants build long-term savings even faster. Read more

IRS updates FAQs on qualified overtime deduction

Issue Number:  IR-2026-88

WASHINGTON — The Internal Revenue Service today updated frequently asked questions about the deductions for qualified overtime compensation.

The frequently asked questions are incorporated into this news release by reference.

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