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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
April 01, 2002 at 07:00 PM
NU Online News Service, April 1, 12:23 p.m. – Rep. John Boehner, R-Ohio, has removed a liability provision in H.R. 3762, a bill known as the Pension Security Act.
The bill, currently being debated in the House of Representatives, was drafted by the Bush administration and offered by Boehner, who is chair of the House Education and the Workforce Committee. Boehner agreed to eliminate the liability provision change in a manager’s amendment during a recent full-committee mark-up of the bill.
The original provision would have explosed employers to the threat of lawsuits over losses incurred by employees during blackout periods, or periods when employees are unable to change investment choices while plans are changing recordkeepers.
Insurance and employer groups say the blackout periods are necessary to achieve orderly transitions. They said Boeher’s original liability would have caused many employers to back away from offering 401(k) retirement programs.
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