Local financial professional talks about the new 'Secure Act 2.0' bill and how it could impact your family

MILWAUKEE (CBS 58) -- The Secure Act 2.0 is one step closer to becoming law after the bill passed the House.

If signed into law, it would bring significant changes to the current retirement system, including provisions that would benefit retirement savers and employers.

The goal of the bill is to expand access to retirement savings and help U.S. workers save more. Local financial professional Tony Drake from Drake & Associates joined CBS 58 on Wednesday, April 27 to talk about the new bill and how it could impact you.