Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Trump Signs Bill Blocking IRS Crypto Tax Rule
By Stephanie LaiThe rule aimed to force some exchanges to provide tax information on transactions conducted on their platforms.
April 10, 2025
House Republican Sees SALT Deduction Limit Rising to $30,000The draft tax bill includes a SALT increase as high as $25,000 for an individual.
April 09, 2025
Lawmaker Stumps for Long-Term Care Program BillThe bill would provide lifetime LTC benefits after an elimination period of one to five years.
April 08, 2025
New Bill Expands 529 Plan Funds to Training Programs, Including CFP MarkThe legislation allows the education accounts to be used to pay for postsecondary training and credentialing.
April 03, 2025
Did Raising the RMD Age Hurt Retirees?IRA and Roth 401(k) savers who aren't required to take distributions often don't, leading to potential underspending.
April 02, 2025
Senate Unveils Plan to Fast-Track Tax Cuts, Debt Ceiling HikeIt includes a $4 trillion extension of Trump’s tax cuts and $1.5 trillion in other levy reductions.
April 01, 2025
New Bill Raises Social Security Income Tax ThresholdThe RETIREES FIRST Act increases the amount of income retirees can receive without paying taxes on benefits.
March 28, 2025
Key Senator Calls for Medicare Advantage Agents to Be FiduciariesRon Wyden's report could help shape the policy climate for life insurance and annuity sellers.