The Senate Finance Committee advanced a retirement legislation package Wednesday, setting the stage for a final push to make it law by the end of the year.
The Enhancing American Retirement Now (EARN) Act, which the committee reported favorably by a vote of 28-0, has several provisions similar to the House’s retirement package (H.R. 2954), including a provision that would allow employers to treat workers’ student loan repayments the same as 401(k) contributions.
The House passed its retirement bill in March by a 414-5 vote. Last week, the Senate Health, Education, Labor and Pensions Committee advanced legislation ( …
