Retirement-savings bill draws broad support, optimism for passage this year

March 31, 2018 by Mark Schoeff Jr.

Supporters of legislation designed to increase retirement savings are hopeful the measure will be approved by Congress later this year, despite being left out of a recent spending bill.

The Retirement Enhancement and Savings Act of 2018 was introduced in the Senate in early March with the goal of attaching it to the omnibus fiscal 2018 appropriations bill, which wound up being the vehicle for several non-spending items, including a bill on business development companies.

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Originally Posted at InvestmentNews on March 30, 2018 by Mark Schoeff Jr..