Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Ed Slott: How to Weigh Roth Conversions Against Trump's New Tax Cuts
By Melanie WaddellThe long-term gain may justify the pain of losing a deduction when the conversion is made, Slott says.
August 24, 2025
Debate: Should Itemized Deductions Be Capped for the Wealthy?Starting in 2026 deductions will be reduced for those in the 37% tax bracket.
August 22, 2025
Ed Slott: Here's the Secret to Good Tax Planning"Always pay taxes at the lowest rate — that's it," the retirement expert maintains. "It's that simple."
August 22, 2025
Proposed Social Security-Style Long-Term Care Benefit Gets High MarksProvisions of the WISH Act would dramatically improve many Americans’ retirement prospects, a Morningstar report suggests.
August 21, 2025
Social Security Retirement Age Must Stay Put: House ResolutionHouse Democrats have introduced a measure voicing their opposition to any increase, citing Trump's promise.
August 21, 2025
Debate: Should 401(k) Tax Breaks Be Curtailed?Current benefits related to DC plans will cost the government $1.4 trillion in revenue over 10 years.
August 15, 2025
Social Security Bill Aims to Raise Payroll Tax CapThe legislation also would use the Consumer Price Index for the Elderly to calculate cost-of-living adjustments.
August 11, 2025
Trump Tax Law Boosts Income for Wealthy, Squeezes Poor: CBOHouseholds in the highest 10% of incomes could see about a $13,600 boost in resources on average, or a 2.7% income increase.