House Ways and Means Committee to vote on auto-IRA legislation
Under the legislation, which could become part of the $3.5 trillion budget bill working its way through Congress, employers that don't offer a retirement plan would have to establish an auto-IRA or 401(k) for their workers.
The House Ways and Means Committee will vote later this week on legislation that would mandate automatic retirement savings programs at U.S. companies where workers don’t have access to a plan.
The panel will consider two retirement provisions as part of its contribution to the $3.5 trillion bu
Learn more about reprints and licensing for this article.