From tax credits to changes in RMDs to allowing CITs in 403(b)s, this legislation has many provisions meant to encourage employers to offer retirement plans.
Retirement scholar Teresa Ghilarducci explains how the new president and Congress can heal the damage that Covid-19 has caused in the retirement system.
Perks like ping-pong tables, commuter benefits, and on-site meals are suddenly irrelevant. This may be a good time to reinvest the budget for those types of benefits into financial-wellness tools.