Old Student Debt Can Haunt Social Security Benefits, but New Bill Offers Help
Bill by Democratic senators would repeal change in law that allowed earned benefits to be garnished to collect federal debts, like student loans.
Advisors on Trump’s Tax Plan: ‘Huge’ but Won’t Effect Client Portfolios
None of the capital gains savings or corporate tax cuts directly impact IRAs, 401(k)s or Roth IRAs.
Tax Cuts to Happen in ’17, but Not Reforms: Andy Friedman
Also at the Raymond James conference, CEO Paul Reilly says cuts could benefit some advisors doing business as S Corps and LLCs.
Senate Votes to Advance Acosta as Labor Secretary
The Senate voted Wednesday to end debate on Acosta’s nomination and move to a vote.
White House Unveils Trump’s First Tax-Cut Bid, Corporate Rate of 15%
Tax plan calls for shift to territorial system for companies; top individual tax rate would be cut to 35% from 39.6%.
House Dems Blast Financial Choice Act, Call for Another Hearing
Democrats requested an additional hearing before the May 2 markup of Rep. Jeb Hensarling's Dodd-Frank replacement.
Financial Planners Fight Spending Bill Rider That Kills DOL Rule
The Financial Planning Coalition moves against other industry players who are "aggressively advocating" for a rider that would prohibit DOL from implementing the fiduciary rule.
Mass. Regulator Galvin Slams Financial Choice Act
The Act "purports to benefit Main Street and Mom and Pop," William Galvin told Rep. Hensarling, but instead "is a generous gift to Wall Street."
Raymond James’ National Event to Highlight DOL Fiduciary, Politics & Markets
The yearly conference for its independent advisors takes place this week in Orlando.
Trump Issues Dodd-Frank Executive Order
It directs Treasury Secretary Mnuchin to review Orderly Liquidation Authority, Financial Stability Oversight Council