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House committee to consider 'Secure 2.0' retirement bill this week. Here's what's in it
House committee to consider 'Secure 2.0' retirement bill this week. Here's what's in it
CNBC
5 hrs ago
Sarah O'Brien
Among other provisions, the bill would change when required minimum distributions must start, to age 75 from 72.
The measure also would increase the allowed "catch-up" contributions to retirement plans for people ages 62 through 64.
If the bill is voted out of committee, it would head to the full House for a floor vote at some point.
© Provided by CNBC
House Ways and Means Committee Chairman Richard Neal.
The House Ways and Means Committee is poised to consider a bill on Wednesday that would make changes to how U.S. workers save for retirement.
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