Two bipartisan bills could signal that Congress is ready to help retirees. One bill in the House and one in the Senate tackle similar issues relating to retirement savings and student loan debt. The goal of these bills is to make it easier for individuals to save for retirement during their working years and beyond.
Some of the ways these bills could help Americans as they plan for retirement include increased limits for catch-up payments for older workers, matching 401(k) contributions from employers for employees who are paying off student loans, and more investment options.
You can learn more about the specifics of these bills through CNBC’s recent report.
At NORA, we’re ready to see Congress put retirees first. While these bills could help individuals save for retirement, current retirees deserve a boost in Social Security increases. That’s why we’re supporting The Guaranteed 3% COLA for Seniors Act. Learn more about the legislation today. Then, sign our online petition and share it with your family and friends.
