Page 37 - Secure Act News Today

Congress passed a $1.7 trillion spending bill that includes important changes to retirement savings plans, known as the Secure Act 2.0. NBC4 talked to financial...

A major new retirement law has been enacted, the second big one in little more than three years.

The Secure Act 2.0 was recently passed in Congress. It will allow you to keep money in your retirement account for a longer time, raising the age for required withdrawals from 72 to 73.

The massive bill will fund critical government operations across federal agencies and provide emergency aid for Ukraine and natural disaster relief.

Congress has passed long-awaited retirement legislation under Division T of the Consolidated Appropriations Act of 2023 known as the SECURE 2.0 Act of 2022 the Act, which awaits the President’s signature. The Act is a culmination of three closely-watched bills.

The massive bill will fund critical government operations across federal agencies and provide emergency aid for Ukraine and natural disaster relief.

The House voted Friday to pass a massive $1.7 trillion spending bill that would fund critical government operations across federal agencies and provide emergency aid for Ukraine and natural disaster

The package includes changes to retirement benefits, new protections for pregnant workers and Ukraine aid. A larger child tax credit was not included.

Get latest articles and stories on World at LatestLY. A USD 1.7 trillion spending Bill to provide more aid to a devastated Ukraine was cleared by the House on Friday (local time), as lawmakers race to finish their work for the year and avoid a partial government shutdown, reported CNN. World News | US House Passes USD 1.7 Trillion Spending Bill for Ukraine.

As lawmakers scramble to wrap up their work for the year and avert a partial government shutdown, the House on Friday (local time) approved a USD 1.7 trillion