NU Online News Service, Nov. 16, 4:30 p.m. – The U.S. Senate is now considering H.R. 2269, a bill that could help employers offer professional investment advice to members of 401(k) retirement plans and other retirement plans.
The House approved the bill 280-144 Thursday.
A copy of the final text is available on the Library of Congress Web site, at
http://thomas.loc.gov/cgi-bin/bdquery/z?d107:h.r.02269:
The American Benefits Council, Washington, has posted charts summarizing the bill and competing proposals at
http://www.appwp.org/issues/retirement/investment.htm