Retirement Changes Allow for Student Loan Match, Emergency Funds

After a dismal year for retirement savers, new legislation could make it a little easier to put money aside in 2023.

The changes, which were part of an omnibus spending bill signed into law by President Joe Biden at the end of December, have been criticized for mainly benefiting high-income workers and for not going far enough to address America’s retirement crisis.

But in the face of daunting challenges, including a swath of the population with no retirement savings at all, it’s a start.

“Some things are clearly made better, but at best, it’s a tune-up,” said Edward Renn, a ...