US. Lawmakers Give 401k MEPs A Close Look
Politicos might finally understand—the path to more retirement coverage for American workers lies in simplifying and modernizing often arcane employment and labor laws.
The Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Tim Walberg, R-Michigan, held a hearing on Wednesday to examine four bipartisan proposals to do just that for employees of businesses large and small.
The hearing focused on legislative proposals that would update the Employee Retirement Income Security Act (ERISA) that governs and sets minimum standards for employee benefit plans.
Read More: 401K Specialist