House committee passes bill to upgrade 401(k) plans amid ‘retirement income crisis’

#RetirementCrisis

A rare #Bipartisan moment occurred as the #HouseWaysAndMeansCommittee unanimously passed a bill to increase the flexibility of 401(k) plans, especially for #SmallBusinesses.

The bill would also expand the use of 529 plans, from only college-related expenses to include #HomeSchools and #StudentLoans.

To read more from CNBC, click here.