US House Eyes Improving Small Employer Retirement Plans

Capitol Hill is haggling over the budget, aiming to expand small-business programs and create more opportunities for protected lifetime income solutions.

The House Ways and Means Committee will begin debate Thursday on a set of major budget reconciliation recommendations, focused on Section 2002 of the US budget bill for fiscal year 2022, an effort that seeks to broaden employer retirement plans...

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About Smart

Smart is a global savings and investments technology provider. Its mission is to transform retirement, savings, and financial well-being, across all generations, around the world.

Smart partners with financial institutions (including broker-dealers, RIAs, retirement providers, insurers, asset managers, banks) and financial advisers to deliver retirement savings and income solutions that are digital, customized, and cost-efficient.

Smart, founded in the UK, operates in the USA, Europe, Australia, and the Middle East with over a million savers and over $5 billion in assets. Smart saw over 2,000% growth in assets on its platform since 2018.

Legal & General, J.P. Morgan, Fidelity International Strategic Ventures, Link Group, Barclays, Natixis Investment Managers, Chrysalis Investments, DWS Group and Aquiline Capital Partners are all investors to date in Smart.

For more information, please visit www.smartretire.com.

Media contact for Smart:

Maria Stenina
VP of Promotions Marketing – US
maria.stenina@smartretire.com