is expected to pass a bill aimed at making major changes to retirement accounts, including imposing automatic enrollments at up to 10 percent of pay. The Retirement Security and Savings Act, which had its final draft published on Tuesday, will see the government give some workers with low to moderate income $1,000 annually to their retirement accounts starting in 2027. It also aims to raise the age for required withdrawals from 72 to 75, and allow employees to save up to $2,500 in a rainy-day accounts, while doing away with many penalties for early withdrawals due to emergencies.
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