Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Biden Budget Calls for Protecting Social Security, as Trump Supports Cuts
By Melanie WaddellHigher-earning Americans should pay more in Social Security taxes, Biden says.
March 06, 2024
Curb Medicare Advantage Funding, Sen. Warren Asks CMSFollowing the preliminary bidding process, the agency plans to post the 2025 rate announcement by March 31.
March 06, 2024
Tax Court Rules on New Secure 2.0 Limits for IRA-Related PenaltiesNew time limits on penalties for excess IRA contributions and missed RMDs are not retroactive, the court ruled.
March 06, 2024
New House GOP Budget Includes Fiscal Commission to Mull Social Security CutsThe budget resolution "will be DOA in the Senate," a Social Security advocate says.
March 06, 2024
North Carolina Primary Voters Pick Insurance Commissioner NomineesThe Democratic challenger is hoping voters are angry about insurance prices.
March 06, 2024
On 529-to-Roth Rollovers, Advisors Await IRS Answers, With a ShrugWhile open questions remain around these rollovers, some advisors say there are better ways to save for college.
March 04, 2024
Watch Out for These Potential Tax Changes in 2024Changes could affect such areas as first-year depreciation and interest deductions, plus the child tax credit.
February 29, 2024
Nationwide Exec to Senate: DOL Fiduciary Rule Would Hurt WorkersThe fiduciary fight is a "major distraction" from efforts to boost retirement savings, Eric Stevenson said.