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If SECURE 2.0 passes with the Starter-K provision, over 19 million American workers could gain access to a workplace retirement plan.
A bipartisan retirement security bill sponsored by U.S. Senator John Barrasso (R-WY) recently passed the Senate Committee on Finance. Barrasso said more people save for retirement when their employer provides a retirement plan and right now, many employees throughout the country don’t have access
Bipartisan legislation that would expand access to retirement savings for employees of small businesses was introduced by a group of legislators including U.S. Rep. Darin LaHood, R-Peoria.
A bipartisan companion bill focused on attracting more small businesses to offer retirement plans has been introduced in the House.
A group of new bills that could change the way Americans save for retirement have landed on lawmakers' desks this spring.