Legislation that would encourage saving for retirement and increase the age for taking required minimum distributions is nearing passage on Capitol Hill as part of an omnibus spending bill lawmakers are racing to finalize by the end of the week.
The so-called Secure 2.0 Act has been watched closely by financial advisors, who have largely cheered its provisions aiming to expand access to retirement plans and incentivize saving.
“I…
Source: https://www.barrons.com/advisor/articles/secure-act-2-retirement-bill-congress-51671565504?siteid=yhoof2&yptr=yahoo