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Retirement savings contribution credits and more: How Congress can help retirees save
Oct 24, 2021 | Yahoo Money
Picture - Retirement savings contribution credits and more: How Congress can help retirees save

Congress has several proposals in the works that could make retirement savings more worthwhile — or encourage you to get started if you haven't yet. Just know this: Waiting for these possibilities to come to fruition may require some patience.

A bill known as the Secure Act 2.0, or the Securing a Strong Retirement Act, passed a key House committee in early May. Momentum seems to have bogged down, even though there's broad bipartisan support and little controversy for most of these measures, as seen in passage of the original Secure Act two years ago by a lopsided margin.

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