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Compass
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What's in the New 401(k) Retirement Bills
U.S. News & World Report Aug. 31, 2022 "[Proposed] retirement bills would: [1] Increase the maximum annual contribution for retirement accounts by $4,000. [2] Increase the age when you must begin required minimum distributions. [3] Require automatic enrollment and escalation for employer-sponsored plans. [4] Increase the amount for the catch-up provision for those 50 and older. [5] Allow employers to help those who are burdened with student debt save for retirement." |
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