Democrats Introduce Bills Waiving TSP Withdrawal Penalties During Shutdown
The bills, which lack Republican support, also aim to ensure that federal employees have access to TSP loans during government...
Tag: congress
Fiduciary Rules for ‘Trump Accounts’ Still Unsolved
Many logistical issues remain for the pilot program that will open $1,000 investment accounts for newborn U.S. citizens.
GOP Lawmakers Request Swift SEC Guidance on 401(k) Plans’ Alternative Investments
In a letter to the SEC Chairman, nine Republican members of the House Committee on Financial Services urged swift action.
House Committee Approves Bill to Change Social Security Terms
The bill would make several changes to terms that describe benefit claiming ages to help retirees better understand the impact...
3 Retirement Bills Advance to Full House of Representatives
Two of the bills, which target the Department of Labor’s audit process, sparked heated debate, but the third bill, concerning...
House Bill Would Allow Transfers of Unclaimed Retirement Distributions to States
The bill would have states report unclaimed retirement savings to a Department of Labor database, making it easier for individuals...
House Bill Would Let Retired Vets Contribute to Thrift Savings Plans
The proposed FORWARD Act would allow certain military retirees and disabled veterans to continue contributing to their Thrift Savings Plan...
Federal Bill Pushes for AI ‘Experiments’ at SEC
A congressional bill introduced last week would allow financial regulatory agencies to experiment with artificial intelligence without the ‘expectation of...
Retirement Industry Responds to Passage of ‘Big Beautiful Bill’
Notably, the defined contribution retirement plan sector is relatively unchanged by President Donald Trump’s key legislation.
Massive Tax and Policy Bill Signed Into Law
President Trump signed the measure that preserves tax deferral for retirement savings, raises taxes on certain endowments, makes cuts to...
The Math Behind Why the Senate Tax Bill Seems Cheaper Than House Version
Even though both bills share many provisions, the estimates from the congressional Joint Committee on Taxation are based on different...
In Letter, Lawmakers Ask SEC to Delist Chinese Stocks From US Exchanges
The May 2 letter to the SEC followed recent concerns expressed by lawmakers over U.S. investments in China, including two...
House Passes Expanding Access to Capital Act
Act includes amendments including CIT-expansion to 403(b)s and updating electronic disclosures.
What the 2024 Election Will Mean for Advisers
When it comes to retirement planning, expect increased attention on the fiduciary investment adviser proposal, contribution limits and tax cuts.
SECURE 2.0 Error Threatens Catch-Up Contributions, but Meaning Is Clear
A mistake in SECURE 2.0 legislation would eliminate both future and existing retirement plan catch-up contributions, though IRS interpretation to...
Congress Nears Passage of RILA Registration Legislation
The proposed legislation would greatly simplify the process by which the annuities are registered by providing for tailored registration forms.
A Republican Capture of Either House Could Lead to Headaches for ESG
Republican leadership is bad news for “woke capital” says Washington Policy Strategist at Stifel.