Almost a year and a half after the SECURE Act (Setting Every Community Up for Retirement Enhancement) impacted the retirement planning world, a second bill, the Securing a Strong Retirement Act of 2021 was recently approved by the House Ways and Means Committee. This new bill expands upon the original and tweaks the changes regarding contributing and withdrawing from retirement savings vehicles.
Expected to pass in 2021 or 2022, it aims to encourage Americans to save more for retirement, in part by making that process easier. Read More »