Congress gets serious about retirement saving

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Congress is considering big changes to the way you retire.. Whether the bills get the green light depends on whether they can generate.. "It seems like this problem is so serious that the only way to protect current and.

Along with saving and planning for retirement, Congress is discussing ways to improve Social Security, which is facing insolvency in the next 16 years. If nothing is done, the program will still pay benefits to the elderly and the disabled, but it will be about 80% of what they’re owed .

Congress targets Middle-Class Retirement Savings.. for many years, thinking their children would get favorable tax treatment after they died. “The last major tax bill gave enormous tax breaks to the top .01%,” he said. “Then.

Congress gets serious about retirement saving: lawmakers across the country are proposing ways to help Americans save more for retirement, including increasing catch up contributions, allowing.

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Your article was successfully shared with the contacts you provided. Small-business owners who want to offer retirement savings plans to employees are hoping Congress takes a serious look at the issue.

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Congress gets serious about retirement saving. MarketWatch; Posted on May 16, 2019; Lawmakers from across the country are proposing legislation to encourage more Americans to save for retirement, and they’ve got a list of ways to do it.

Shown Here: Introduced in senate (03/08/2018) retirement enhancement and Savings Act of 2018. This bill amends the Internal Revenue Code and the Employee Retirement Income Security Act of 1974 (ERISA) to modify requirements for tax-favored retirement savings accounts, employer-provided retirement plans, and retirement benefits for federal judges.

Congress targets middle-class retirement savings. A stealth.. for many years, thinking their children would get favorable tax treatment after they died. “The last major tax bill gave enormous tax breaks to the top .01%,” he said.

You Won’t Believe All The Crazy Perks Members Of Congress Get For Free (At the Taxpayers Expense). Exactly how many days does Congress work? 7. Serious PTO.. A cushy retirement plan.

4 ways Washington may soon change how you save for retirement. If lawmakers are successful, it would be the first major retirement. He added “we have our bill, the House has theirs and eventually it will get to conference.

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