Tag: congress

The 64-page bill proposes a new certification exam for ‘accredited investors’ and would allow 403(b) plans to invest in the...

House Republicans’ remarks on ‘predatory’ prohibited transaction claims came shortly after SEC Chairman Paul Atkins pushed for deregulation at the...

The two bills aim to discourage unmeritorious ERISA lawsuits and expand in-service rollover options.

Senator Bill Cassidy’s reintroduced bill that would solidify guidance offered during President Donald Trump’s first term that fiduciaries must only...

President Trump's original executive order does not amend any laws itself; it only instructs regulators to offer sub-regulatory guidance.

Daniel Aronowitz, the recently confirmed head of the Employee Benefits Security Administration, has also expressed support for employee stock ownership...

The bills, which lack Republican support, also aim to ensure that federal employees have access to TSP loans during government...

Many logistical issues remain for the pilot program that will open $1,000 investment accounts for newborn U.S. citizens.

In a letter to the SEC Chairman, nine Republican members of the House Committee on Financial Services urged swift action.

The bill would make several changes to terms that describe benefit claiming ages to help retirees better understand the impact...

Two of the bills, which target the Department of Labor’s audit process, sparked heated debate, but the third bill, concerning...

The bill would have states report unclaimed retirement savings to a Department of Labor database, making it easier for individuals...

The proposed FORWARD Act would allow certain military retirees and disabled veterans to continue contributing to their Thrift Savings Plan...

A congressional bill introduced last week would allow financial regulatory agencies to experiment with artificial intelligence without the ‘expectation of...

Notably, the defined contribution retirement plan sector is relatively unchanged by President Donald Trump’s key legislation.

President Trump signed the measure that preserves tax deferral for retirement savings, raises taxes on certain endowments, makes cuts to...

Even though both bills share many provisions, the estimates from the congressional Joint Committee on Taxation are based on different...

The May 2 letter to the SEC followed recent concerns expressed by lawmakers over U.S. investments in China, including two...

Act includes amendments including CIT-expansion to 403(b)s and updating electronic disclosures.

When it comes to retirement planning, expect increased attention on the fiduciary investment adviser proposal, contribution limits and tax cuts.