The House almost unanimously passed what’s known as “Secure 2.0,” the Securing a Strong Retirement Act, with only five votes against it and 414 in favor of it.According to the legislation, “this bill makes various changes with respect to employer-sponsored retirement plans, including providing for the automatic enrollment of employees in certain plans and increasing the age at which participants are required to begin receiving mandatory distributions.
But not everyone starts thinking about retirement early on, especially as they are focusing on starting out in their career. “In my early 20s, all the guys who were at my job who were way older than me were telling me, ‘save now until it hurts because you’ll be thankful later,’” said James Baier. “Life does come at you fast,” said Kelly. “I just think the earlier you start, the more secure you’re going to feel and the more peace of mind.”“We’re never sure what’s going to come out of the Senate,” said Kelly. “I think this would be very hard for our friends down the hall to look at and say well you know what this doesn’t have that much support and maybe we can make it better… The sheer number of members who voted for this leaves a lot of credibility to what the effort was for.
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