Ways and Means Brushes Past Talk of Secure 2.0 Annuity Provisions

May 11, 2021 by Allison Bell

House Ways and Means Committee members seem to be unanimous in their support for, or acceptance of, the annuity provisions in H.R. 2954.

The committee marked up H.R. 2954, the Securing a Strong Retirement Act of 2021 (Secure 2.0) bill, Wednesday and approved it by a voice vote.

Ways and Means Chairman Richard Neal, D-Mass., and Rep. Kevin Brady, R-Texas, the highest ranking Republican on the committee, introduced the bill Monday. Supporters are describing the bill as a sequel to the legislation that created the Secure Act.

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Originally Posted at ThinkAdvisor on May 6, 2021 by Allison Bell.