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July 29, 2021 at 03:42 PM
Retirement security is taking center stage in Washington.
Lawmakers have been busy over the past three months floating or passing bills related to retirement security, renewing retirement planning officials’ hope that passage of a comprehensive retirement package this year may be in the offing.
Financial services firms and policy groups are even pressing President Joe Biden to issue an executive order to create an interagency task force on retirement security as part of his Build Back Better initiative.
See the gallery above for the host of bills being offered this year designed to, among other things, boost the required minimum distribution age, expand auto-enrollment in retirement plans and allow penalty-free withdrawals from 401(k)s.
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