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House Committee Unanimously Approves SECURE 2.0
Investment NewsLink to more items from this source
May 6, 2021

"The bill would increase the required minimum distribution age for retirement plans from 72 to 75 over 10 years. Other provisions would expand auto-enrollment and auto-escalation in company retirement plans; increase tax incentives for small businesses to establish plans; boost catch-up contribution limits for people between the ages of 62 and 64; allow employers to match an employee’s student-loan payment with a contribution to the employee’s retirement plan; and enable greater use of lifetime income products like annuities in retirement plans."

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