Putting money into a 401(k) or Individual Retirement Account is an act of trust in government. When yesterday’s politicians set rules to encourage saving, workers must have faith that tomorrow’s politicians won’t raid the kitty. Protecting this confidence ought to be top of mind as the Senate takes up the bipartisan Secure Act, which sailed through the House this summer 417-3. The bill is a 125-page mashup of mostly uncontroversial updates to the nation’s retirement rules. Today contributions to a traditional IRA can’t be made...

Source: Wall Street Journal July 16, 2019 23:03 UTC