Major retirement legislation that would impact tens of millions of Americans and the security of a million-plus union pensioners hangs in the balance when lawmakers return to Washington on September 9th. The first order of business will be moving 12 spending bills to fund the government for fiscal year 2020 by the end of the month. Ten of the 12 bills have already passed out of the House; in the Senate, committees of jurisdiction have held hearings. There will be a lot of work to get done if the upper chamber is to meet its end-of-fiscal-year deadline to fund the government. That workload stands to potentially crowd out three retirement bills: The SECURE Act, the Butch Lewis Act, and the Retirement Savings and Security Act, all of which have some level of bipartisan support. But the chances for any to pass as stand-alone legislation in the near term will likely rely on lawmakers attaching the bills to must-pass appropriations legislation. Read more about the bills and their chances of passing on the slides above. READ MORE: Only cash infusion can save Central States, other multiemployer plans facing insolvency What the SECURE Act means for annuities in 401(k)s Everyone loves the new retirement bills, but...
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