Congress gets serious about retirement saving

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Congress gets serious about retirement saving By. "The retirement savings system that we have is actually very good but it can be improved," said Bob Grohowski, head of legislative and.

Few believe that a deadlocked Congress. about retirement savings and are creating new products to meet demand. "All of these companies are coming up with fixed-income options that were never used.

Congress Takes Aim at New Retirement Savings Programs Move would hinder states from helping people who don’t have workplace plans. by Eileen Ambrose, AARP, February 16, 2017 | Comments: 0. Istock. Employees are 15 times more likely to save for retirement if they have a plan at work.

The House overwhelmingly passed its first big retirement-savings. if signed into law, would represent the first major change to retirement. Both are designed to get more employees covered by retirement. Munnell said she's happy to see Congress working together on any retirement legislation, but is.

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Should you ever decide to run as a Representative or Senator in U.S. Congress, you can look forward to some generous retirement benefits. This is assuming you get elected and stay in the job for a while. As with anyone working in government, federal retirement plans can have multiple options that go far beyond just acquiring Social Security.

Congress. a very serious social security predicament facing our country over the next twenty-five years. That and the quality of retirement life for millions of Americans is what are at stake. [1].

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When you’re young, it’s tempting to put off saving money. retirement doesn’t exactly seem like a pressing issue, and you figure that you’ll get serious about saving. 35 years $479,642 after 40.

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The Setting Every Community Up for Retirement Enhancement. your lifetime might get easier, if a bill that's circulating Congress is passed into law.. That's a major part of what the bill seeks to address, Kelly says.

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MarketWatch (May 16) Congress gets serious about retirement saving. Lawmakers from across the country are proposing legislation to encourage more Americans to save for retirement, and they’ve got a list of ways to do it.

Currently, there’s a piece of legislation working its way through the halls of Congress that has the potential to.