Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
12 Life and Annuity Changes in $1.7T Spending Bill
By Allison BellThe bill has several provisions to make it easier to annuitize workplace retirement plan assets.
December 20, 2022
House Panel Votes to Release Trump's Tax Returns to the PublicThe vote caps a three-year legal saga initiated by Democrats to obtain and release the documents.
December 20, 2022
10 Ways Secure 2.0, Part of Spending Bill, Changes Retirement PlanningAmong them: an increase in the RMD age and 529 plan-to-Roth IRA rollovers.
December 20, 2022
Secure Act 2.0 Included in $1.7T Spending BillThe 4,000-plus page legislation, released early Tuesday, also contains the Registration for Indexed-Linked Annuities (or RILA) Act.
December 19, 2022
Spending Bill Vote, Likely With Secure Act 2.0, Expected Before ChristmasSIFMA is "optimistic Congress will include several important bipartisan retirement policy changes" in the bill.
December 19, 2022
New Bill Would Rein In SEC RulemakingRep. Wagner, R-Mo., says that the bill makes sure "the SEC doesn't arbitrarily implement unnecessary and complex rules."
December 15, 2022
Massachusetts Adopts Annuity Sales RegulationsSupporters of the Regulation Best Interest-based approach see 37 actual or pending approvals.
December 13, 2022
NAIC to Spotlight Annuity Sales Standard Update Gray ZonesThe list of states without updates includes Florida and Indiana as well as California and Oregon.