Browsing: Financial education

Financial Education

The American Bankers Association today expressed support for a recently finalized Department of Labor interim final rule implementing section 203 of the bipartisan Secure Act of 2019 to require that defined contribution plans (such as 401(k) plans) include two lifetime income illustrations on a plan participant’s pension benefit statement at least once every 12 months.

Community Banking

The ABA Foundation’s 2020 George Bailey Distinguished Service Award co-winners put the spotlight on the industry’s financial inclusion efforts.

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