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| Pensions & Investments | Experts, lawmakers back additional retirement security legislation

Bloomberg A panel of experts Wednesday expressed support for a SECURE Act 2.0 package and said expanding features like automatic enrollment and scaling state-sponsored automatic IRA programs would help address the nation s coverage gap. Lawmakers from both parties also said they were motivated to pass additional retirement security legislation Wednesday at a Senate Finance Committee hearing titled, Building on Bipartisan Retirement Legislation: How Can Congress Help? Several bipartisan bills have been introduced this Congress, ranging from major retirement security packages to ones with more specific focuses, like allowing workers to make student loan payments while their employers make matching contributions to their defined contribution accounts, providing a penalty-free distribution option in the event of an emergency, and expanding saver s credit.

Congress urged to act on numerous retirement system changes

Congress urged to act on numerous retirement system changes
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