Look for Auto-Enroll, Student Loan Provisions in Retirement Bill

Benefits advisers encouraged by a major retirement savings overhaul in 2019 are calling on Congress for a complementary legislative package that could include automatic enrollment and student loan repayment provisions.

The House introduced Securing a Strong Retirement Act of 2020 at the end of the last legislative session, but, with strong bipartisan support and ties to a similar Senate-backed proposal, it’s expected to form the framework for a new package dubbed the “SECURE Act 2.0" on Capitol Hill.

This new legislative proposal, likely a consolidation of both proposals that’s expected sometime this year, follows on the heels of ...