The House of Representatives passed legislation Thursday that would bring substantial changes to the U.S. retirement system, making it easier for employers to offer plans and include annuities as options for workers. The legislation would repeal the age cap for contributing to individual retirement accounts and increase the age to start taking required withdrawals from 401(k)s and IRAs. A Senate GOP aide said the plan is for the Senate to vote on the House’s bill, rather than its own version. The changes would be the most significant to retirement plans since 2006. (Wall Street Journal)