Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
How High Earners Can Maximize This Business Tax Deduction Before It Disappears
By Robert Bloink | William H. ByrnesBusiness owners can use retirement plans to get their taxable income below the qualified business income deduction threshold.
July 01, 2024
New Bill Expands 529 Plan Funds to Transportation, ParkingThe Accessible College Campus and Expanded Student Savings Act would make college more affordable, its backers say.
June 27, 2024
What to Watch in the First Presidential Debate of 2024Expect Biden and Trump to spar over the economy, border security and abortion on the stage tonight.
June 26, 2024
House Panel Advances Bill to Torpedo DOL Fiduciary RuleThe bill would prevent Labor from using any funds to administer, implement or enforce the rule.
June 25, 2024
New Social Security Bill Calls for Study of Inflation ImpactA Social Security advocate called the bill "a smokescreen to confuse seniors."
June 25, 2024
Labor Secretary Considers Rewrite of Pension Risk Transfer RulesJulie Su, the acting DOL head, told Congress she's looking at issues such as private equity ownership and reinsurance.
June 20, 2024
MOVEit Cyberattack Suits Could Get a FrameworkThe data security breach affected more than 26 million users' life insurance, annuities and retirement savings programs.
June 12, 2024
5 Questions: Vanguard's New Report on Annuities in Retirement PlansAdding an income option to a target-date fund sounds great, but will it work?