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The Securing a Strong Retirement Act
Congress doesn’t tinker that often with retirement and savings laws, but a new bill has passed the House Ways and Means Committee, called The Securing a Strong Retirement Act. It is receiving bipartisan support and will be on the House floor soon. Provisions include these: Automatic Enrollment into company 401k or 403b plans; Student Debt Matching Program; Increasing Catch-Up Limits; Raising the Age of Mandatory Withdrawals to perhaps 75; and Reducing RMD Penalties. Read more here in this article on kare11.com by Gordon Severson.
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