The bill recently passed through the House Ways and Means Committee and similar legislation is being reviewed in the Senate.
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The proposed 'Setting Every Community Up for Retirement Enhancement Act of 2019' would move the age at which required minimum distribution rules apply from 70 ½ to 72 and would allow workers at any age to contribute to retirement programs. So reports Forbes.
The bill recently passed through the House Ways and Means Committee and similar legislation is being reviewed in the Senate.