Trump to Sign Executive Order on Retirement Savings - News Summed Up

Trump to Sign Executive Order on Retirement Savings


WASHINGTON—President Trump is expected to sign an executive order Friday directing the government to review rules requiring retirees to start taking annual withdrawals from retirement funds after they turn 70 ½ and to consider making it easier for small businesses to offer employees 401(k) plans. The action, expected to be signed during a ceremony in Charlotte, N.C., ahead of the Labor Day weekend, was billed by the White House as a push to better prepare workers for retirement.


Source: Wall Street Journal August 31, 2018 00:00 UTC



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