closeup of US Capitol dome U.S. Capitol building in Washington, D.C. October 9, 2016. (Photo: Mike Scarcella/ALM)

As the House passed the Securing a Strong Retirement Act on Tuesday, its version of bipartisan legislation designed to improve the retirement benefit and savings system, a Senate version is waiting in the wings.  

The House passed “Secure 2.0” 414-5. The measure gradually increases the age for taking mandatory distributions from 401(k) plans or IRAs from 72 to 75. It also would encourage more employers to start offering retirement plans and to automatically enroll more employees. Other provisions include the following:

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?



Join BenefitsPRO

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

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

Already have an account? Sign In Now
Join BenefitsPRO

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