Congress Passes Retirement Reform as Part of 2019 Year End Legislation
Russell E. Towers JD, CLU, ChFC
Retirement,
Retirement Reform
No Comments
2 Jan 2020
Congress has passed and President Trump has signed into law significant retirement reform which will go into effect on 1/1/2020. The new law has many provisions which involve expanding and preserving retirement savings, administrative improvements, and revenue provisions.
Read MoreCongress on Track to Pass Retirement Reform Bills
Russell E. Towers JD, CLU, ChFC
Retirement,
Retirement Reform
No Comments
11 Jun 2019
The U.S. House of Representatives easily passed the SECURE Act of 2019 (H.R. 1994) 417-3 on May 23, 2019. The U.S. Senate currently has its version of retirement reform under consideration – the Retirement Enhancement and Savings Act (RESA) of 2019 (S. 972). Both acts have many retirement reform provisions involving expanding and preserving retirement savings, administrative improvements, and revenue provisions.
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