The average American's path to retirement security has long been a steep uphill climb. The omnibus spending bill President Biden signed on Dec. 29 will make the journey easier.
The $1.7-billion bill will add access to workplace retirement plans for workers who haven't had many options and increase their incentives for funding workplace accounts, including through an unprecedented tax benefit.
The omnibus bill is far from perfect; many of its positive provisions fell short of advocates' hopes and expectations.