As the year draws to a close, prognosticators once again attempt to foresee what may be on the road ahead. In the financial world, a number of alarm bells have been sounding about shortfalls, potential or actual, in Medicare funding and the Social Security trust fund and the lack of action by politicians to address either. Bills passed in the House or advanced out of committee are sitting gathering dust in the Senate: The Social Security 2100 Act, the Rehabilitation for Multiemployer Pensions Act, the Health Savings for Seniors Act and the Retirement Enhancement Act. However, the SECURE Act was passed by the Senate, attached to an end-of-year spending bill. But 2020 is on the way no matter what action—or lack of it—is taken. Here's a short list of six changes that may await the retirement industry and plan participants in the coming year. READ MORE: |
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
