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Retirement Policies Feature in Draft Budget Language Now Before House Ways and Means Committee
planadviser Sept. 8, 2021 "Budget reconciliation legislation set for debate in Congress ... [includes] a broad mandate for employers to offer retirement plans.... The language ... appears to permit a service/eligibility period of up to two consecutive 12-month periods.... Other provisions would require automatic enrollment retirement plans to include a protected lifetime income distribution option for plan participants." |
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