House Passes Secure Act 2.0
The House of Representatives overwhelmingly approved a bill designed to improve retirement savings. The Securing Strong Retirement Act of 2022, also called Secure Act 2.0, was approved with a bipartisan vote of 414-5. Next, the legislation heads to the Senate. However, lawmakers there have a retirement reform package of their own. Analysts say there’s about a one-third overlap between the House and Senate bills. Both seek to raise the age for required minimum distributions, increase catch-up