From shifting compliance deadlines to growing debate on ambitious retirement reform legislation, there is a lot happening in the nation’s capital for retirement plan fiduciaries to be aware of.
Backers of the bill say it will improve retirement security by creating additional protections for workers and retirement savers at all stages of their retirement timelines.
At the end of March, the U.S. House of Representatives overwhelmingly approved the SECURE Act 2.0 with bipartisan support, enabling the bill to be revised in the Senate before passing into law. The.