Workplace retirement plans could be headed for a makeover in Congress.
As part of a push for additional tax law changes, GOP lawmakers in the House are expected this month to float legislation that includes modifications to 401(k) savings plans.
Broadly, those could include: reducing costs for small businesses to offer such accounts, making it less risky for employers to offer guaranteed income annuities and requiring plans to annually tell workers how long their nest egg is projected to last. Hidesy | iStock / 360 | Getty Images "There’s a lot of concern about folks who don’t have enough saved for […]
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