The Senate Finance Committee unanimously approved the Enhancing American Retirement Now Act, or EARN Act, during a hearing on Wednesday. The meeting came weeks after the Senate Health, Education, Labor and Pensions Committee released draft legislation and advanced the RISE & SHINE Act, another retirement-focused piece of legislation. These proposals all, for the most part, align with the House’s proposal, the Secure Act 2.0, passed in March. “This legislation is a step in the right direction, and will be a boon to retirement savings for Americans near retirement, or years away,” said Jared Porter.
