closeup of the nation's capitol building dome U.S. Capitol building in Washington, D.C. October 9, 2016. (Photo: Mike Scarcella/ALM Media)

The House of Representatives passed the Build Back Better Act, a sweeping piece of legislation. It now goes to the Senate, where its fate is not certain. Still, employers and advisors need to keep an eye on it and its provisions, many of which create opportunities as well as obligations for employers. Although the Act has many retirement provisions, its focus is not quite the same as the SECURE Act, said Matt Rogers, CFP, Director of Financial Planning at eMoney Advisor. Rogers offered some perspective on the Act in the Q&A below.

BenefitsPRO: The Build Back Better Act includes a number of changes to retirement planning. What should Americans know about this new legislation as it relates to retirement?

 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.