Similar Stories to This Bipartisan Bill Could Change Americans' Retirement Options on Bing News

newsfeedback@fool.com (Christy Bieber), The Motley Fool
Sat, 04/21/2018 - 1:02pm

Saving for retirement is undoubtedly a challenge for most Americans, which is why average retirement account balances are far too low and 39% of American workers have nothing saved for retirement at all. The good news is, there are efforts under way to try to increase savings rates. Lawmakers are currently considering bipartisan legislation in the form of the Retirement Enhancement and Savings Act of 2018.The Retirement Enhancement and Savings Act includes several important provisions aimed at encouraging savings, as well as a change to the rules that would make it easier to invest in annuities to provide lifetime income.

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BING NEWS:
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    The new bill would change the standard by which the Social Security Administration calculates the annual cost-of-living adjustment.
    05/1/2024 - 8:05 am | View Link
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    A proposed bill could change how the Social Security COLA is calculated, resulting in higher benefits for retirees.
    04/30/2024 - 5:45 am | View Link
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  • Billions in US investment goes to Chinese firms linked to CCP military, human rights abuses
    Billions of dollars in Americans' savings and investments are flowing to Chinese companies linked to China's military and human rights abuses, a congressional report found.
    04/28/2024 - 12:59 am | View Link
  • Social Security’s COLA formula could change under new proposal — and mean higher benefits for seniors
    Social Security’s cost-of-living adjustment could face changes under new proposals in Congress that aim to make it more reflective of the everyday costs incurred by older adults. U.S. Rep. Ruben ...
    04/27/2024 - 4:05 am | View Link
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