Partisan infighting seems to be the norm in Washington, D.C., and politicians cannot find common ground on many issues. The most impactful pieces of legislation are often passed with little or no support from the opposing party. The Affordable Care Act and the Tax Cuts and Jobs Act both passed with 100% unanimity within the dominant party at that time and without a single vote from the other party. Thankfully, retirement savings reform seems to be one issue that is increasingly bipartisan. The original SECURE Act was signed into law on December 20, 2019, by President Donald Trump after passing the House of Representatives by a vote of 297-120 and the Senate by a vote of 71-23. More recently, on March 29, 2022, the House passed the SECURE Act 2.0 by a vote of 414-5.
Summary and Takeaways
The original SECURE Act was signed into law on December 20, 2019,