Nation's capitol building with flag at half mast A flag at half mast outside the U.S. Capitol in Washington, D.C. on Wednesday, January 13, 2021, days after thousands of President Trump's supporters stormed the building, destroying property and killing a Capitol Police officer.

Senate Finance Committee Chairman Ron Wyden, D-Ore., and six Democratic colleagues introduced on July 22 the Encouraging Americans to Save Act, legislation to help working and middle-class families save for retirement, including a 50% government match on contributions of up to $2,000 per year made to 401(k)-type plans and IRAs.

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Melanie Waddell

Melanie is senior editor and Washington bureau chief of ThinkAdvisor. Her ThinkAdvisor coverage zeros in on how politics, policy, legislation and regulations affect the investment advisory space. Melanie’s coverage has been cited in various lawmakers’ reports, letters and bills, and in the Labor Department’s fiduciary rule in 2023. In 2019, Melanie received an Honorable Mention, Range of Work by a Single Author award from @Folio. Melanie joined Investment Advisor magazine as New York bureau chief in 2000. She has been a columnist since 2002. She started her career in Washington in 1994, covering financial issues at American Banker. Since 1997, Melanie has been covering investment-related issues, holding senior editorial positions at American Banker publications in both Washington and New York. Briefly, she was content chief for Internet Capital Group’s EFinancialWorld in New York and wrote freelance articles for Institutional Investor. Melanie holds a bachelor’s degree in English from Towson University. She interned at The Baltimore Sun and its suburban edition.