House Passes Trump Tax Bill
By Steven T. Dennis, Erik Wasson and Maeve SheeheyThe bill now heads to the Senate, where groups of Republicans are pressing for extensive changes.
May 21, 2025
Johnson Says Agreement Reached on Raising SALT Cap to $40,000The agreement suggests a resolution to one of the final issues holding up President Donald Trump’s economic bill.
May 21, 2025
Senate Passes No Tax on Tips ActThe bill, which passed 100-0, would exempt up to $25,000 in tips from federal income tax.
May 20, 2025
IRS Posts Ruling on Individual Retirement AnnuityThe ruling resembles other IRS rulings on IRAs that pass from a deceased spouse to a surviving spouse.
May 20, 2025
Judge Rejects $40M Class-Action Settlement in Vanguard Target-Date Selloff CasePlaintiffs will get a better deal under an SEC settlement, the judge found.
May 20, 2025
Pre-Retirees Now Get 4 Years to Supercharge Their SavingsUnder Secure 2.0, "bonus" catch-up contributions for ages 60 to 63 are allowed starting this year.
May 20, 2025
Trump Loses Patience With SALT Demands as Tax Bill Faces SnagSeveral SALT advocates plan to keep blocking Trump’s bill if the deduction isn't raised above $30,000.
May 20, 2025
Schwab Debuts Program to Help Advisors Start Their Own RIAsSchwab Advisor ProDirect, opening in July, aims to help advisors go independent and grow their firms quickly.