Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
House Passes Plan to Advance Trump Tax Cuts
By Erik Wasson and Billy HouseRepublicans can now pass Trump’s $5.3 trillion decade-long tax cut solely on GOP votes.
April 08, 2025
New Bill Expands 529 Plan Funds to Training Programs, Including CFP MarkThe legislation allows the education accounts to be used to pay for postsecondary training and credentialing.
April 03, 2025
Did Raising the RMD Age Hurt Retirees?IRA and Roth 401(k) savers who aren't required to take distributions often don't, leading to potential underspending.
April 02, 2025
Senate Unveils Plan to Fast-Track Tax Cuts, Debt Ceiling HikeIt includes a $4 trillion extension of Trump’s tax cuts and $1.5 trillion in other levy reductions.
April 01, 2025
New Bill Raises Social Security Income Tax ThresholdThe RETIREES FIRST Act increases the amount of income retirees can receive without paying taxes on benefits.
March 28, 2025
Key Senator Calls for Medicare Advantage Agents to Be FiduciariesRon Wyden's report could help shape the policy climate for life insurance and annuity sellers.
March 24, 2025
$500B in Lost Tax Revenue? Unlikely, Cato Scholar SaysThe gap between taxes owed and taxes paid has remained stable over time, Chris Edwards says.
March 24, 2025
Trump’s Tax Bill Takes Center Stage as GOP Debates Scope of CutsRepublicans broadly agree that the heart of the package will be extending the 2017 cuts.