The saver’s credit is a tax credit worth up to $1,000 ($2,000 if married filing jointly) for mid-and low-income taxpayers who contribute to a retirement account. By reducing tax liability, the credit offsets the cost of funding a retirement account and can boost savings potential – for those who know about it. EBRI CEO Lori Lucas sits down with David John, Senior Strategic Policy Advisor, AARP Public Policy Institute, to discuss this well-intentioned, but often overlooked, program.

The financial impact of the COVID-19 pandemic was particularly pronounced for those who suffered a job loss. According to EBRI's Retirement Confidence Survey during the pandemic four in 10 workers who experienced income or job loss, said they could not handle a sudden emergency expense. Those same workers were more likely to call their debt level a major problem. Indeed, more than seven in ten in this group felt debt was negatively impacting their ability to save for emergencies six in ten  said it hurt their ability to save for retirement. In this episode EBRI CEO Lori Lucas speaks with Billy Hensley, Ph.D., President and CEO of the National Endowment for Financial Education about why financial literacy matters in an economic crisis. 

In this episode, Lori Lucas sits down with Kevin Robertson of HSA Bank to discuss the value of Health Savings Accounts.  How can consumers better leverage this sometimes misunderstood retirement vehicle by saving for the long-term and investing their savings, all while maximizing the tax benefits offered to this important class of accounts?  This episode examines the practical concerns many have about HSAs and how they can be used more effectively.