Illinois OKs Roth IRA-Style Retirement Plan
ASPPA applauds the law, which will require employers with 25 or more workers to offer private retirement plans or use the state program.
Senators Make Push to Regulate Tax Preparers
The Taxpayer Protection Act of 2015 requires preparers to demonstrate competency in preparing tax returns, claims for refunds and related documents.
Hatch Ratified as Senate Finance Committee Chairman
Hatch says he will push for a tax overhaul and to advance his SAFE Retirement Act.
Raymond James Adds 8 Advisors; Margaret Towle Joins Merrill
RJ adds advisors from largest credit union in Oregon, while Wells Fargo adds reps in Connecticut and Texas. Towle, formerly of HighTower, joins Merrill.
Senate Passes Tax Extenders Bill
Tax extender package applies only to 2014 and will last two more weeks.
Social Security Is Failing Elderly Women: Sen. Wyden
At hearing, lawmakers explore ways to shore up Social Security for women, as they are twice as likely as men to fall into poverty.
15 Biggest Donations of 2014
To date, these are the donors who have given $100 million or more to favored causes, according to the Chronicle of Philanthropy.
Washington Wealth Adds $180M Reps
The independent hybrid RIA says it has added 12 advisors in about nine months.
House Renews Tax Extenders Through End of 2014
Rep. Camp of Michigan condemned “legislating on a temporary basis” as a “terrible way to make tax policy” before the House passed the measure.
Smaller Tax Extenders Package on Tap as Shutdown Looks Unlikely: Analysts
Plenty of drama will ensue, but a spending bill, even a short-term one, will prevail in the end, Washington pundits predict.