Tag: Legislation

Among its many provisions, the American Recovery and Reinvestment Act (ARRA) included a rule change for Section 529 tax-free college savings plans and prepaid tuition programs to add...

Senator Tom Harkin (D-Iowa) has been named chairman of the Committee on Health, Education, Labor & Pensions (HELP).

As the nation turns its attention to the three-day Labor Day weekend, the White House is talking about retirement security. 

A provision of the Savings Recovery Act of 2009 (H.R. 2021) would extend the suspension of required minimum distribution (RMD) requirements through 2012.

U.S. Senator Charles E. Schumer (D-New York) has unveiled a plan designed to help children save money to afford college, purchase a house, and retire.

The newest U.S. senator—Al Franken (D-Minnesota)—will help ponder significant reforms in both the pension and health care arenas when he formally takes his seat in the chamber.

Florida Governor Charlie Crist signed into law legislation enhancing registration requirements for investment advisers, dealers, and other personnel.

Last week the Congress was voting on an issue on which I have a strong opinion.

A closely watched U.S. House bill mandating comprehensive 401(k) fee disclosures and dealing with plans providing investment advice made it out of committee on Wednesday.

The House Subcommittee on Health, Employment, Pensions and Labor has approved the 401(k) Fair Disclosure for Retirement Security Act (H.R. 1984) and the Conflicted Investment Advice Prohibition Act...

U.S. Representative Richard Neal (D-Massachusetts) has introduced legislation that would require administrators of 401(k) plans to provide plan participants with detailed fee and investment disclosures.

Bipartisan legislation has been introduced to give workers a new incentive to annuitize, rather than spend, their retirement savings.

What are the regulatory issues to watch right now?

Like many, perhaps most, Americans, I have viewed the unraveling “Bonusgate″ scandal with a mixture of disgust and incredulity.

Like many, perhaps most, Americans I have viewed the unraveling “Bonusgate″ scandal with a mixture of disgust and incredulity.

I’ve spent most of my life, certainly my adult life, confident that Americans, certainly in large part, are reasonable and rational.

Much has been made in recent weeks over the so-called Ponzi scheme foisted on the investing public by Bernie Madoff.

California’s Assembly voted 42 to 28 for the California Public Employees' Retirement System (CalPERS) to oversee a separate and voluntary investment program for private workers.