Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Social Security Gets $509M Budget Boost in New Spending Bill
By Melanie WaddellBut the proposed increase is "barely enough for SSA to keep up with fixed costs," says advocate Nancy Altman.
July 18, 2024
With Secure 2.0, Saver's Credit Set for Valuable UpgradeThe direct matching contribution is expected to reach a wider group of taxpayers planning for retirement.
July 15, 2024
What The Biggest Financial Frauds Can Teach UsSchemes can happen in plain sight though conduct that's largely legal.
July 12, 2024
DOL Fiduciary Rule Mania: What's Happening and Where It's HeadedLawmakers and opponents of the rule are piling on, but lawyers urge advisors to keep pace with compliance.
July 10, 2024
Lawmakers Advance Two Measures to Kill DOL Fiduciary RuleA resolution of disapproval and a spending bill blocking the rule now move to the full House.
July 03, 2024
How High Earners Can Maximize This Business Tax Deduction Before It DisappearsBusiness owners can use retirement plans to get their taxable income below the qualified business income deduction threshold.
July 02, 2024
6 New Social Security Bills in Congress NowOne bill would eliminate taxes on benefits; another could fast-track cuts.
July 01, 2024
More Secure 2.0 Act Provisions Are ComingSome incoming changes are likely to help clients more easily make the transition from work to retirement.