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In what has been called the most comprehensive retirementsecurity legislation in a decade, a spending bill that includes theSetting Every Community Up for Retirement Enhancement (Secure") Actwas signed in late December. This means changes to retirement plansgoing forward. Further, the American Council of Life Insurersestimated that the Secure Act will result in 700,000 more Americanworkers saving for retirement.
When asked his thoughts on the changes, Ted Benna, a formerbenefits consultant — often called the "Father of 401(k)s" —provided BenefitsPRO's sister publication Investment Advisor thesecomments:
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Ginger Szala
Ginger Szala is executive managing editor of Investment Advisor magazine. She covered the financial business and alternatives industry for 30 years while editor of Futures Magazine Group. MSJ Northwestern, BA University of Wisconsin-Madison. She is based in Chicago. Go Blackhawks!
