Congress Is Leaving Nonprofit Workers Out Of Retirement Benefits
This year, believe it or not, many U.S. workers got some good news about their future. Key provisions of Congress’ federal legislation, SECURE 2.0 (Setting Every Community Up for Retirement Enhancement) went into effect, providing important safeguards to protect the retirement savings of workers in the United States. These include mandated automatic enrollment in retirement plans, relaxed eligibility requirements for part-time workers, and matching employer contributions to employee student loan payments — targeted measures that particularly benefit people historically at the losing end of the retirement wealth gap: women, people of color and low-income earners.