With an end goal to battle the insufficiency of retirement assets for People born after WW2, Agents Stephanie Tubbs Jones (liberal) and Phil English (conservative) once again introduced the Retirement Security for Life Act (H.R. 2205) on May 8, 2007 (initially presented in 2004). The once again introduced House Bill proposes to revise the Interior Income Code of 1986 to make government charge motivators empowering speculation of retirement resources in a singular life annuity – an item that gives the agreement holder a revenue stream forever. In particular, the Bill will avoid from gross pay half of the pay created by the annuity, up to $20,000 yearly. The Bill additionally examines an expansion change of the $20,000 cap beginning in 2009. Whenever took on, it might help retired people in better dealing with their resources. H.R. 2205 was alluded to the House Board of trustees on Available resources. Buddy regulation was presented in the Senate (S. 1010) on Walk 28, 2007.