Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Washington Governor Signs Auto-IRA Bill
By John ManganaroWith Washington Saves, employee contributions to workplace retirement accounts will be made directly via payroll deductions.
March 21, 2024
What to Know About the New Bill Targeting GRATs and 'Abusive Trusts'The Getting Rid of Abusive Trusts Act is intended to make these trusts less attractive for tax avoidance.
March 14, 2024
12 Biggest U.S. Life, Health and Retirement Tax Breaks: 2024This is where lawmakers look when they're hungry for revenue.
March 13, 2024
NABIP Creates 10-Point Health Care Bill of RightsThe health agent and consultant group says that affordability should be one of the guaranteed principles.
March 13, 2024
NAIC Fills in the Annuity Suitability Passage MapThe United States is six jurisdictions away from having what could be a uniform set of annuity sales standards.
March 12, 2024
Treasury Proposes Curbs on Use of Life and Annuities in Wealth PlanningClients might have to pay ordinary income taxes and a 10% penalty on cash taken from the arrangements.
March 12, 2024
Biden Floats $2 Co-Pay Limits on Popular Drugs Under MedicareThe caps proposed in Biden's budget would apply to blood pressure and cholesterol drugs.