Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Bill to Expand 403(b) Plan Menus With CITs Lands in Senate
By John ManganaroThe legislation mirrors popular parts of a broader House bill that passed the lower chamber in March.
July 30, 2024
Senate to Vote on Tax Bill With 100% Bonus DepreciationThe Senate majority leader plans a Thursday vote on the Tax Relief for American Families and Workers Act.
July 22, 2024
5 Things Biden's Election Exit Means for Life and AnnuitiesKamala Harris's years as an official in California could soon have a bigger effect on what goes on in Washington.
July 18, 2024
With Secure 2.0, Saver's Credit Set for Valuable UpgradeThe direct matching contribution is expected to reach a wider group of taxpayers planning for retirement.
July 15, 2024
What The Biggest Financial Frauds Can Teach UsSchemes can happen in plain sight though conduct that's largely legal.
July 12, 2024
DOL Fiduciary Rule Mania: What's Happening and Where It's HeadedLawmakers and opponents of the rule are piling on, but lawyers urge advisors to keep pace with compliance.
July 10, 2024
Lawmakers Advance Two Measures to Kill DOL Fiduciary RuleA resolution of disapproval and a spending bill blocking the rule now move to the full House.
July 03, 2024
How High Earners Can Maximize This Business Tax Deduction Before It DisappearsBusiness owners can use retirement plans to get their taxable income below the qualified business income deduction threshold.