New Legislation Could Simplify Roth IRA Management and Boost Retirement Savings

Reported 18 days ago

Proposed legislation in the U.S. House aims to allow workers to roll over personal Roth IRAs into workplace Roth 401(k)s and similar accounts, potentially streamlining retirement savings by consolidating multiple accounts and reducing fees. This bipartisan effort is intended to simplify investment management and enhance retirement security for families nationwide, enabling a more efficient accumulation of retirement funds.

Source: YAHOO

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