Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Social Security Fairness Act Sets ‘Disturbing’ Precedent: Cato
By John ManganaroOne analyst believes the law sets a dangerous example when it comes to Social Security’s bigger solvency problems.
January 10, 2025
Who Benefits Most From Extending Trump's Tax Cuts? Likely the Wealthy: TreasuryFamilies across the board would see lower taxes, but the largest cuts would go to the highest earners.
January 10, 2025
Social Security Has Problems, but It’s No Ponzi SchemeThe label is both inaccurate and misleading, according to Jason Fichtner, a former SSA official.
January 10, 2025
GOP Lawmakers Push SSA for Next Steps on Social Security Fairness ActHouse Ways and Means Committee members asked the agency how and when the new law will be implemented.
January 08, 2025
How the Social Security Fairness Act Affects Claiming StrategiesSome clients who never filed for benefits now have a strong incentive to do so, Joe Elsasser says.
January 07, 2025
The Social Security Fairness Act Is Law. Here's What Advisors Should Do Now.Share the good news, but warn affected clients that benefit increases or back-payment checks won't come immediately.
January 06, 2025
House Bill Would Expand Caregivers' Access to HSA and FSA CashAdult children could use health accounts to pay for care for parents who were not their dependents.
January 05, 2025
Biden Signs Social Security Fairness ActThe new law repeals the Windfall Elimination Provision and Government Pension Offset, which affect some public workers.