Plus, the law creates a database for finding lost retirement benefits, helping workers keep track of and collect savings generated at a given employer or over a particular period of time that they may have otherwise overlooked...
Showing posts with label Secure Act. Show all posts
Showing posts with label Secure Act. Show all posts
Thursday, February 9, 2023
'This is a big deal': What to know about the new retirement savings law - ABC News
First off, the new rules will take the onus off of workers to initiate new retirement accounts, instead enrolling them automatically when they start a job. Also, Secure Act 2.0 allows retirement accounts to automatically travel with workers when they move from one job to the next, Dickson said.
Wednesday, November 27, 2019
The Secure Act makes critical reforms to our retirement system — let's pass it this year | TheHill
Every hardworking American deserves the chance to have a comfortable retirement. But for far too many Americans it seems out of reach: a recent study by Northwestern Mutual found that two thirds of Americans believe they’ll outlive their retirement savings.
People are right to be worried, because as a country we are not saving enough for retirement.
https://thehill.com/blogs/congress-blog/politics/471863-the-secure-act-makes-critical-reforms-to-our-retirement-system
https://thehill.com/blogs/congress-blog/politics/471863-the-secure-act-makes-critical-reforms-to-our-retirement-system
Monday, June 24, 2019
Why Ted Cruz may be holding up major retirement legislation in the Senate - CNBC
New retirement legislation called the Secure Act sailed through the House in May. But one sticking point — the use of 529 savings plans to fund home schooling and special needs care — could be holding it up from moving forward in the Senate...
https://www.cnbc.com/2019/06/21/why-ted-cruz-may-be-blocking-major-retirement-reform-in-the-senate.html
https://www.cnbc.com/2019/06/21/why-ted-cruz-may-be-blocking-major-retirement-reform-in-the-senate.html
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