Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
More Secure 2.0 Act Provisions Are Coming
By John ManganaroSome incoming changes are likely to help clients more easily make the transition from work to retirement.
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?
June 10, 2024
New Bill Gives More Time to Respond to Social Security Clawback NoticesThe Social Security Overpayment Fairness Act gives beneficiaries 120 days to respond before collection begins.
June 07, 2024
Trump Tax Cut Renewal Is Winning Wall Street Despite $4.6T Price TagMany conservatives say the cuts will pay for themselves, but independent analyses show that has not happened.