The Retirement Crisis in America – How the SECURE Act Is Helping Employees and Employers

Retirement, it’s something we all work for, but aren’t all prepared for. On this episode, Congressman Randy Feenstra and Congresswoman Ashley Hinson, both Representatives of Iowa, are discussing the retirement crisis and what it means for employees and employers. Hear what they have to say about the SECURE Act 1.0, the SECURE Act 2.0, the Mainstreet Tax Certainty Act, and what’s on the horizon for retirement planning in the United States.

Topics Include:

01:04 – Introducing Congressman Randy Feenstra
01:42 – SECURE Act 1.0
04:19 – What the SECURE Act from 2019 offers
05:31 – Pooled Employer Plan (PEP)
06:41 – Retirement as an employee benefit
07:51 – Changes in the SECURE Act 2.0
12:22 – Tax credit for military spouses
13:11 – Tax incentives for Employee Stock Ownership Plan (ESOP)
16:06 – Expectations for Bipartisan support of SECURE Act 2.0
17:57 – Introducing Congresswoman Ashley Hinson
21:08 – The benefit to employers
22:22 – Automatic enrollment
23:56 – Additional provisions to SECURE Act 2.0
27:19 – Main Street Tax Certainty Act
31:35 – Emergency Savings Account Act

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