Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Top 9 Retirement Changes in 'Secure 2.0' Bill That's Headed to House
By Melanie WaddellBesides raising the RMD age to 75, the bill also boosts auto-enrollment and catch-up contributions and expands some investment options.
April 29, 2021
Biden Tax Proposal Would Kick In at Over $500K for CouplesThe new top 39.6% tax bracket, proposed in the American Families Plan, would encompass less than 1% of taxpayers, says a White House official.
April 29, 2021
Senate Bill Would Help Workers Build 401(k)s While Repaying Student LoansThe bill would allow employers to make "matching" contributions to a 401(k) while employees make student loan payments.
April 28, 2021
What Advisors Think of Biden's $1.5T Tax Plan"Should these proposals prevail in Congress, financial planners will be more valuable than ever," one advisor told us.
April 27, 2021
Biden Aims to End 'Step Up in Basis' Benefit for EstatesTax package will end an inheritor-friendly policy, bump up the top income tax rate and fund more IRS audits.
April 26, 2021
Which Tax Hikes Are Most Likely?Tax measures floated by President Biden and lawmakers prompt a hot debate; tax experts Greg Valliere and Allison Hutchins weigh in.
April 21, 2021
TRUST Act Could Lead to Wide Social Security Benefit CutsSimply put, the TRUST Act is a way to cut benefits while leaving few fingerprints from individual members of Congress.
April 21, 2021
House Passes Bill Requiring SEC, CFTC Digital Assets Working GroupMeanwhile, a bill that would end mandatory arbitration in financial services has re-emerged.