Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Wyden Bill Would Wreck Existing Private Placement Life and Annuity Arrangements
By Allison BellHolders would have 180 days to replace the arrangements or liquidate them.
April 15, 2026
Ed Slott: Clients' 2025 Tax Returns Are Key to 2026 PlanningThe returns, which reflect the new tax law, are a "valuable roadmap" for future years, Slott tells ThinkAdvisor.
April 14, 2026
NJ Lawmaker Seeks to Lift SALT Cap to $80,800 for Married FilersRep. Josh Gottheimer said the upcoming fast-track spending legislation is the "perfect vehicle" to push for more deductions.
April 13, 2026
New Bill Requires IRS to Provide Call Wait TimesThe proposed legislation would also make tax returns and notices available via the agency website or mobile app.
April 09, 2026
New Bill Reverses Social Security Staff CutsThe Social Security Customer Service Act requires at least 75% of new hires to serve in customer service roles.
April 03, 2026
Trump $2.2T Budget Leaves Social Security Funding FlatThe fiscal proposal provides slightly less for the agency than the $14.9 billion requested by its commissioner.
March 31, 2026
Washington State Adopts Millionaires' TaxThe 9.9% tax on income over $1 million starts in 2028.
March 26, 2026
New Bill Repeals Social Security Earnings TestWithholding a portion of benefits is unfair to older workers, the bill's sponsor argues.