Legislation


This is where you’ll find our coverage and commentary on legislative proposals pending in Congress, along with regulatory issues that affect actuaries and the retirement industry as a whole.


 

Legislation

Legislation

By Nevin Adams 6/23/2017 • 0 Comments

Inside the Beltway it seems that all anybody can talk about is “Rothification,” specifically the elimination of some — or in some cases, all — of the employee pre-tax savings advantages of the 401(k).
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By Nevin Adams6/22/2017 • 0 Comments

The Golden State has modified the legislation regarding its state-run auto-IRA program for private sector workers in place, readying the measure for Gov. Jerry Brown’s expected signature. READ MORE

By ASPPA Net Staff6/22/2017 • 0 Comments

Legislation that would allow graduate students to put funds from a fellowship or stipend in an IRA is before the Senate. READ MORE

By John Iekel6/13/2017 • 0 Comments

Pennsylvania Gov. Tom Wolf (D) on June 12 signed into law Senate Bill 1, a measure that provides new state employees hired after Jan. 1, 2019 with three retirement benefits from which they can choose. READ MORE

By ASPPA Net Staff6/13/2017 • 0 Comments

Concerns about retirement and health care loom large for American workers and the U.S. Senate is reportedly close to its version of a health care reform bill. We need your help ASAP to tell Congress to make it easier for workers to manage their health and retirement savings. READ MORE

By Ted Godbout6/9/2017 • 0 Comments

The House approved legislation on June 8 that seeks to repeal major provisions of the Dodd-Frank Act, as well as the DOL’s now-effective fiduciary rule. READ MORE

By Ray Harmon6/6/2017 • 0 Comments

A bill that would repeal some of the major provisions of Dodd-Frank and the DOL’s fiduciary rule will move to the House floor for a vote; however, its chances in the Senate are bleak. READ MORE

By Nevin Adams 5/15/2017 • 0 Comments

There’s been a lot of rumbling on and around Capitol Hill about a potential shift to Roth contributions for 401(k) plans as part of tax reform; how might that affect retirement savings? READ MORE

By John Iekel5/5/2017 • 0 Comments

Oregon Treasurer Tobias Read has expressed determination to continue pursuing OregonSaves regardless of the U.S. Senate’s passage of H.J. Res. 66. READ MORE

By ASPPA Net Staff5/5/2017 • 0 Comments

The House Financial Services Committee approved legislation May 4 that would rein in the Consumer Financial Protection Bureau and provisions of Dodd-Frank, and repeal the DOL's fiduciary rule. READ MORE

By Nevin Adams 5/4/2017 • 0 Comments

Having moved to unwind the Obama administration’s safe harbor exempting municipalities’ auto-IRA programs from ERISA, it now looks as though the state-run program version will meet the same fate. READ MORE

By Nevin Adams 5/3/2017 • 0 Comments

The Senate votes May 3 on a measure that would undo the DOL's rules that crafted a safe harbor that exempted states’ auto-IRA programs from ERISA.

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By ASPPA Net Staff4/27/2017 • 0 Comments

In a White House blog entry posted late on April 26, National Economic Council Director and chief economic advisor to President Trump Gary Cohn reiterated that retirement savings will be protected as tax reform proceeds. READ MORE

By Nevin Adams 4/27/2017 • 0 Comments

Unveiling President Trump’s tax reform proposal on April 26, Gary Cohn, Trump’s chief economic advisor and director of the National Economic Council, said that “retirement savings will be protected.” READ MORE

By Nevin Adams4/24/2017 • 0 Comments

A recent article in the Wall Street Journal cautions: “Grab Your Pitchforks, Your 401(k) May Need Defending From Congress.” READ MORE

By ASPPA Net Staff4/14/2017 • 0 Comments

President Trump has signed legislation that blocks the Obama-era DOL's safe harbor exempting states’ and municipalities’ auto-IRA programs from ERISA. READ MORE

By ASPPA Net Staff4/10/2017 • 0 Comments

Bipartisan, bicameral legislation that would require 401(k) plan sponsors to inform participating workers of the projected monthly income they could expect at retirement has been reintroduced on Capitol Hill. READ MORE

By John Iekel4/7/2017 • 0 Comments

“I would encourage caution among policymakers when considering dramatic changes to retirement policy for tax policy purposes,” former Sen. Kent Conrad (D-ND) told a Senate committee on April 5. READ MORE

By John Iekel4/4/2017 • 0 Comments

There is a “dynamic policy-making situation just ahead,” Earl Pomeroy, senior counsel at Alston & Bird and a former member of the U.S. House, said at an April 3 session of the Enrolled Actuaries meeting in Washington, D.C. READ MORE

By Andrew Remo3/30/2017 • 0 Comments

The U.S. Senate has passed a Congressional Review Act resolution that would block the Obama-era DOL rule that defined the terms under which cities and counties could create IRA plans that automatically enroll private-sector workers whose employers do not offer a retirement plan. READ MORE

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