The Retirement Enhancement and Savings Actshould have been passed 'eons ago,' said Senator Ron Wyden D-OR andFinance Committee chairman Chuck Grassley, R-IA, and otherlawmakers echoed his sentiment. (Photo: Shutterstock)
The Retirement Enhancement and Savings Act, a wide-rangingretirement bill that first passed out of the Senate FinanceCommittee by unanimous vote in 2016, should have been passed intolaw “eons ago,” according to ranking member Ron Wyden, D-OR.
Finance Committee chairman Chuck Grassley, R-IA, and otherlawmakers echoed Wyden's sentiment during a hearing on retirementand on a day another expansive retirement bill, The RetirementSecurity & Savings Act, was reintroduced in the Senate.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
