Tag: retirement saving
New bill requiring 401(k) income projections is a good idea. Very little is happening on Capitol Hill with regard to retirement. Hence, I’m always delighted to find a piece of legislation – big or small – that moves the system in the right direction. The Retirement Enhancement and Savings Act of 2018, a bundle of…
The proposed legislation could boost lifetime income options in defined-contribution plans. It is great to see the re-emergence of the Retirement Enhancement and Savings Act (RESA) jointly sponsored by Orrin Hatch (R-UT) and Ron Wyden (D-OR). This proposed legislation mirrors a proposal that was approved by the Finance Committee in 2016 but died when Congress…
