The spending bill congressional leaders agreed to creates significant new incentives for retirement savings and broadly eases rules for withdrawing funds. Like earlier versions, the measure would both help low- and moderate-income workers save for retirement and create yet another tax windfall for high-income savers.
The measure, called SECURE 2.0, adopts elements of bills approved by the House and the Senate Committee earlier this year. And not surprisingly, it contains some of the best, and worst, of both bills.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased