On May 21, Sens. Ben Cardin (D-MD) and Rob Portman (R-OH) introduced their latest retirement bill. The Retirement Security and Savings Act of 2021 (S. 1770) seeks to build off of the passage in the 116th Congress of the Secure Act, which made a number of changes to enhance the ability for individuals to save for retirement. The new Senate bill is generally comparable to a bipartisan House bill (H.R. 2954) that was recently approved by the Ways and Means Committee. Among the changes proposed are a gradual increase in the age for required minimum distributions and some new tax incentives for employers to encourage savings among employees. The bill goes first to the Senate Finance Committee where the Chair, Ron Wyden (D-OR), is generally supportive of tackling retirement issues but has not made clear where this might fall in the committee’s current agenda.