FYI: The most comprehensive changes to private retirement plans in more than a decade are gaining momentum in Congress.
A key House committee on Tuesday passed a bill intended to increase the flexibility of 401(k) plans and improve access to the accounts, particularly for small businesses and their employees.
The proposal, known as the Secure Act, was backed by the top Democrat and Republican on the tax-writing Ways and Means committee.
It was approved unanimously.
Regards,
Ted
https://www.cnbc.com/2019/04/02/house-committee-passes-secure-act-for-401k-plans-amid-retirement-income-crisis.html
