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Morningstar, Inc. estimates that participants in workplace retirement plans could save as much as $55 billion in the coming ten years thanks to the Retirement Security Rule.
Updated December 25, 2022 at 1:03 PM. Nestled inside the $1.7 trillion government spending bill, which has passed Congress and is headed to President Biden's desk for a signature, is a suite of ...
Biden has proposed a 4-point plan to boost the program that would mostly impact high earners and company executives, who tend to have much bigger retirement savings accounts than the typical ...
Most Americans depend on private investment accounts such as 401(k)s to build their nest eggs, which means they also depend on retirement planners to make smart investment decisions. This involves ...
In March 2021, Biden proposed a $2.65 trillion infrastructure package known as the American Jobs Plan with investments over 10 years, fully paid for by corporate tax increases over 15 years. A White House fact sheet described the plan: "This is the moment to reimagine and rebuild a new economy.
President Joe Biden released his proposed $7.3 trillion budget for fiscal year 2025 on March 11, which includes a slew of changes it wants to bring to Social Security in order to "protect and...
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession.
Advice to plan sponsors about which investments to make available as options in 401(k)s and other employer-sponsored plans: Currently, there is no requirement that the investment products made ...