A Recent IRS Ruling Could Affect Your Retirement — What You Should Know, According to George Kamel

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Heres what this IRS rule could mean for your retirement.

Also seehow much money Americans have in their 401(k) plans at every age.

Kamel gave this example to show how this rule could work.

Say an employee makes $60,000 annually and the employer offers a 4% match.

And some popular companies, like Disney, Chipotle and Walgreens, have jumped on the bandwagon.

Walgreens, for example, will match up to 4%, per apress release.

This option became available for Walgreens employees in January 2025.

Here are some of the pros Kamel mentioned to this ruling.

First, free money is just that money thats free.

According toExperian, this offers the best of both worlds.

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That being said, there are some cons to consider.

As reported byCNBC, about 100 companies are currently taking advantage of this ruling.

Additionally, Kamel pointed out that this can incentivize people to do the bare minimum.

But that may not be the case for some.