FYI: Employers would find it easier to add annuities to employer-sponsored retirement plans under a bill pending in Congress that has bipartisan support.
The annuities provision is part of the Retirement Enhancement and Savings Act of 2018, which makes several changes to retirement plan regulations. The bill’s House of Representatives version is H.R. 5282, sponsored by Rep. Mike Kelly, and the Senate version is S. 2526, sponsored by Sen. Orrin Hatch.
Regards,
Ted
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