Legislative Update - Fall 2019

Oct. 4, 2019 | Jon Vogler

Even though Congress was on vacation for several weeks, some notable bills were recently introduced in the last quarter:

The Automatic IRA Act of 2019 (in the “IRAs” section) would expand personal savings and retirement savings coverage by enabling employees not covered by qualifying retirement plans to save for retirement through automatic IRA arrangements. Exceptions would be made for small or new employers, as provided in the bill, as well as for church or governmental organizations.

A House concurrent resolution (in the “Multi-employer plans” section) would establish the Joint Select Committee on Solvency of Multi-Employer Pension Plans, which will provide recommendations and legislative language that will significantly improve the solvency of multi-employer pension plans (which are typically defined benefit pension plans for union employees) and the Pension Benefit Guaranty Corporation (PBGC).

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Invesco Global Fixed Income Strategy

Sept. 30, 2019 | Invesco Fixed Income Team

September 2019

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Video: The inverted yield curve: Should you be worried?

Sept. 9, 2019 | Brian Levitt, Global Market Strategist, North America

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