Skip to Content

The Year-End Appropriation Bill and Your Retirement

The good, bad, and confusing policy changes and what they mean for you.

Congress proved it could manage to impeach a president, keep the government’s lights on, and legislate important new policy this week. (The metaphor everyone always uses is walk and chew gum, which seems a low bar. It’s more like they argued and decorated a Christmas tree, which is what the 2020 Appropriations Act is: Everyone got to hang something on it for the holidays.)

Included in that appropriations bill, which became law on Dec. 20, are some big changes to the retirement system.

To view this article, become a Morningstar Basic member.

Register for Free