Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
December 03, 2024
Congress May Poach Retirement Benefits to Pay for 2025 Tax Cuts"Rothification" of 401(k)s or a rollback of the RMD age extension could be on the table.
November 22, 2024
Expect Secure 3.0 and a Major Tax Bill Next YearTax cuts will likely be fast-tracked in 2025 as Secure 3.0 takes shape, a former DOL official says.
November 08, 2024
Debate: Do Taxpayers Benefit From New Hardship Distribution Rules?The Secure 2.0 Act contained many provisions that broadened the ability to access retirement funds without penalty.
November 06, 2024
5 Ways Trump's Election Could Affect Life and Annuity PlayersThe climate for rollover sales standards and federal estate taxes will change.
November 06, 2024
Ahead of Key Tax Fight, Republicans Win Senate ControlRepublicans have said they intend to extend Trump's 2017 tax breaks and roll back regulations on energy production.
November 01, 2024
Consumer Groups Balk at E-Delivery BillThe legislation, opponents say, makes it harder for investors to find and review important information, including fees.
October 28, 2024
Musk Wants $2T Cut From the Budget. It'd Be DifficultIt would likely entail significant cuts to popular programs such as Social Security, Medicare, Medicaid and veterans' benefits.
October 25, 2024
Debate: Will Taxpayers Benefit From Medicare's New Prescription Payment Plan?The voluntary program allows those with Part D drug coverage to spread costs over the entire year.
October 24, 2024
New Bill Calls for Study of Medicare's Toll-Free LineA comprehensive study would be the first since the Government Accountability Office offered recommendations 15 years ago.
October 18, 2024
New Bill Lets First-Time Homebuyers Take More From IRAsIndividuals could withdraw $25,000 without penalty to purchase their first home, up from $10,000.