The Senate Health, Education, Labor & Pensions Committee passed by voice vote Tuesday the Retirement Improvement and Savings Enhancement to Supplement Healthy Investments for the Nest Egg, or Rise & Shine Act, legislation that's intended to be included in the Senate's version of SECURE Act 2.0.
The Senate Finance Committee is expected to introduce its own bill as part of a SECURE Act 2.0 plan before July 4. The bills from the HELP Committee and Finance Committee bill will be combined to make up the Senate's SECURE Act 2.0 package.
The Senate bill will be reconciled with the House-passed SECURE Act 2.0 legislation, which passed in March, before a final bill gets voted on by both chambers.
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Melanie Waddell
Melanie is senior editor and Washington bureau chief of ThinkAdvisor. Her ThinkAdvisor coverage zeros in on how politics, policy, legislation and regulations affect the investment advisory space. Melanie’s coverage has been cited in various lawmakers’ reports, letters and bills, and in the Labor Department’s fiduciary rule in 2024. In 2019, Melanie received an Honorable Mention, Range of Work by a Single Author award from @Folio. Melanie joined Investment Advisor magazine as New York bureau chief in 2000. She has been a columnist since 2002. She started her career in Washington in 1994, covering financial issues at American Banker. Since 1997, Melanie has been covering investment-related issues, holding senior editorial positions at American Banker publications in both Washington and New York. Briefly, she was content chief for Internet Capital Group’s EFinancialWorld in New York and wrote freelance articles for Institutional Investor. Melanie holds a bachelor’s degree in English from Towson University. She interned at The Baltimore Sun and its suburban edition.
