Source: Doug Sword, ROLL CALL, 10/27/20


House Ways and Means Committee leaders introduced a long-awaited bipartisan collection of retirement savings incentives on Tuesday, building off another sweeping package enacted late last year.  The new proposal, intended to lay the groundwork for action next year if not in a postelection lame-duck session, would among other things expand and enhance the saver’s credit for lower-income households. The bill would also increase the age for required minimum distributions from 401(k)s and other tax-favored retirement plans...

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