Discover and read the best of Twitter Threads about #PEPS

Most recents (2)

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1/ Our global financial market infrastructure (FMI) is underpinned by a number of systems that are the glue that holds our financial markets together.
2/ The #FED reserve defines them as the "multilateral systems among participating financial institutions, including the system operator, used for the purposes of clearing, settling, or recording payments, securities, derivatives, or other financial transactions."
Read 39 tweets
During today's US Senate HELP hearing on #retirementsavings and #emergencysavings, we'll hear testimony from @AspenFSP’s @idarademacher, @WISERwomen’s Cindy Hounsell, @GROUPIRA’s Petros Koumantaros and @TIAA’s Doug Chittenden.

help.senate.gov/hearings/rise-…
The US House is also scheduled today to vote and pass on bipartisan HR 2954 - Securing a Strong Retirement Act of 2021 - also known at #SECURE2.0 - sponsored by Reps Neal (D-MA) and Brady (R-TX).
congress.gov/bill/117th-con…
#SECURE2.0 builds on the 2019 SECURE Act - which enabled (a) pooled employer plans #PEPs that enable smallbiz to pool their purchasing power for workers retirement and (b) lifetime income solutions.
Read 33 tweets

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