House committee poised to advance SECURE 2.0 retirement savings bill
The bill, which builds on the SECURE Act, would raise the required minimum distribution age from 72 to 75 over 10 years.
May 4, 2021
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A major retirement savings bill that would raise the age at which retirees must dip into their retirement accounts is poised to take the first step on its legislative journey this week.
The House Ways & Means Committee has scheduled a Wednesday vote on the Securing a Strong Retirement Act. The bill —first floated last fall and now set to be reintroduced — is a follow-up to the landmark SECURE Act enacted in late 2019.