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Congress Wants to Make More Changes to the US Retirement System, CNBC

June 09, 2021

Senior director Timothy Lynch spoke to CNBC about two bills that aim to build on the 2019 SECURE Act in order to increase retirement funds security. The legislation is in the early stages; however, “the outlook is positive,” Tim said. “There’s bipartisan support, so there’s likely to be action sooner rather than later.” Both the House and Senate measures also include provisions about student loans that would enable employers to contribute to employee 401(k) plans if those employees were making student loan payments instead of saving in their retirement plans.

Read the full CNBC article >>