Tag: Senate

The Retirement Fairness for Charities and Educational Institutions Act would give 403(b) participants access to investments in collective investment trusts. 

The legislation, which would streamline annual filing requirements for plan sponsors, mirrors a House proposal.

The 2026 National Defense Authorization Act restricts US investors from investing in China’s military and strategic sectors.

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

A third ESOP bill was originally scheduled to be voted on during the hearing, but no vote was held

A hearing Thursday discussed three bill aimed at expanding employee stock ownership plans, and a fourth bill was introduced that...

If enacted, the legislation would give nonprofits the same benefits offered to for-profit entities under the SECURE Act. 

The session will explore ways to modernize federal labor laws to better support gig workers, freelancers and other nontraditional earners.

The package includes four coordinated bills, which are designed to expand portable workplace benefits, including health care and retirement savings,...

The asset classes should be available to retirees to help with the ‘democratization of private investing,’ Empower CEO Edmund Murphy...

Trump’s nominee now moves to a full Senate vote to determine whether he will lead the Department of Labor agency tasked with...

The measure, which introduces new compliance standards for issuers of stablecoins, passed with bipartisan support.

The bill calls for raising the U.S. debt limit by $5 trillion, up from the House version increase of $4...

Daniel Aronowitz pledged Thursday to reduce litigation and expand retirement benefits and also to end a “war on ESOPs.”

The House version of the bill, prioritizing electronic delivery of SEC-required disclosures, has already cleared committee.

Senators introduced legislation that would allow periodic automatic reenrollment in workplace retirement plans for workers who opt out of participating.

The two bills, proposed by Senator Bill Cassidy, aim to strength employee stock ownership plans.

Several organizations offered support for the legislation, including TIAA and the Insured Retirement Institute.

Fiserv announced that Michael Lyons will replace Bisignano as the company’s CEO.

The number of pending Social Security claims for retirement, survivor and health insurance has dramatically increased this year.