Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
GOP Senators Block Tax Bill With 100% Bonus Depreciation
By Melanie WaddellRepublican senators stopped further action Thursday on The Tax Relief for American Families and Workers Act of 2024.
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.
July 02, 2024
6 New Social Security Bills in Congress NowOne bill would eliminate taxes on benefits; another could fast-track cuts.