The Retirement Enhancement and Savings Act, first introduced in the 114th Congress in the Senate, includes an array of provisions that would impact the small employer retirement plan market. (Photo: Mike Scarcella/ALM)As was widely predicted, Democrats broke serve in Tuesday's election, winning at least 27 seats in the House of Representatives previously held by Republicans, four more than were needed to claim majority rule, according to realclearpolitics.com.
Republicans held serve in the Senate, picking up four seats, losing one, and retaining at least a 52-seat majority. Outcomes of elections in Arizona and Mississippi have yet to be determined.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
