Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
New Bill Cuts IRS Funding to Boost Social Security, Medicare
By Melanie WaddellSen. Rick Scott's Protect Our Seniors Act is drawing skepticism from Social Security advocates.
February 15, 2023
Sen. Wyden Urges CMS to Enact Medicare Advantage Marketing ChangesThe agency recently made proposals to crack down on deceptive marketing and improve provider directories.
February 14, 2023
New Senate Bill Would Increase Stock Buyback TaxThe Stock Buyback Accountability Act would increase the buyback tax rate to 4% from 1%.
February 14, 2023
Bill to Strike Social Security Windfall Provision Is BackA congressional report analyzes what removing the WEP might mean for millions of public workers.
February 10, 2023
Senators Introduce Bipartisan Alzheimer's Project Reauthorization BillThe bill would add no long-term care finance provisions.
February 09, 2023
Calls Grow for IRS to Address Secure 2.0 Error Threatening Catch-Up ContributionsRetirement industry groups say the IRS should issue temporary clarifying guidance as Congress might not act quickly enough.
February 09, 2023
12 Federal Budget Cut Ideas That Could Hit Retirement Savers HardLawmakers could use some of these items to offset the cost of spending and tax break proposals.
February 08, 2023
'Accredited Investor' Definition Sparks House DebateAt issue: the SEC's plan to update in April the financial thresholds defining who qualifies.