Congress must act now to secure retirement savings for millions of Americans ...Middle East

The Hill - News

Currently there is bipartisan support in Congress for legislation that would expand and extend savings opportunities for the retirees of today and tomorrow. It’s called the SECURE Act 2.0 — and its passage would strengthen the retirement-savings system and help more Americans achieve a secure and dignified retirement. Since the pandemic, many Americans have reduced, stopped contributing to or withdrawn money from their retirement savings, and in 2021, as many as 14 million Americans stopped making monthly retirement contributions. These choices can negatively impact an investor’s long-term financial security. The SECURE Act 2.0 could help investors by increasing catch-up contributio

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Congress must act now to secure retirement savings for millions of Americans ...Middle East

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