With midterm elections right around the corner, legislators are working on the final aspects of a broad, bi-partisan retirement package that could lead to material improvements in America’s retirement system. Regulators have also been active with advancing proposals central to the Biden Administration and providing guidance on implementing the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.
The Buzz from Washington highlights some of the more significant retirement-related legislative and regulatory activities that could have an impact on workers, plan sponsors and their providers. We hope this is a helpful resource as you consider plan design, plan administration, and investment strategies for your plan or clients.