Congress improves 401 (k) pension accounts again – Mother Jones

Congress improves 401 (k) pension accounts again – Mother Jones

The last revenge of the evil Dex – Mother Jones The must-pass defense approval law contains a number of provisions to improve 401 (k) pension accounts that Democrats were unable to pass as a separate law earlier this year. The Wall Street Journal summarizes them:

An important provision of the law was passed on Thursday that President Trump is expected to sign. endorses 401 (k) plans to replicate a feature of old-fashioned pensions by offering pensions with guaranteed income payments. The legislation also aims to expand retirement provision by making it easier for small businesses to band together to offer […]

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