Hope, it has been said, is not a strategy. And while Chris Spence, senior director of government relations at TIAA, is certainly hopeful for passage of major retirement legislation this year—along with quite a few retirement services providers—there are indications beyond wishful thinking that it could get done.
"The feedback we are getting on Capitol Hill over the last two to three weeks is that the SECURE Act will get done this year," Spence told BenefitsPRO.
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