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Family Savings Act

Oct 24, 2018

Will We Finally See Adoption of the Retirement Enhancement and Savings Act/Family Savings Act in 2019?

A legislative vehicle that has periodically enjoyed bipartisan support in the past was reintroduced to Congress in 2018 and may just see a resurgence early next year, albeit under a different moniker.

The Retirement Enhancement and Savings Act (“RESA”), a collection of proposed enhancements to voluntary retirement plans, was approved by the Senate Finance Committee in 2016, but saw no further legislative action. » Read More