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 John Iekel9/21/2017 • 0 Comments

A proposal to allow some retirees to receive lump sum Social Security payments would result in higher costs for Old Age, Survivor and Disabilty Insurance (OASDI) in the short term, but a small net reduction in OASDI costs in the longer term, says Social Security Chief Actuary Stephen Goss. READ MORE

By ASPPA Net Staff9/20/2017 • 0 Comments

Legislation that would repeal the DOL’s fiduciary rule would have a negligible effect on federal revenues, say multiple cost estimates. READ MORE

By ASPPA Net Staff9/14/2017 • 0 Comments

The U.S. House on Sept. 14 passed a bill that contains a sentence that seeks to do away with the fiduciary regulation — with language that some might find eerily prophetic. READ MORE

By ASPPA Net Staff9/13/2017 • 0 Comments

The IRS, DOL and PBGC have granted relief to certain victims of Hurricanes Harvey and Irma. But House Ways and Means Chairman Kevin Brady (R-TX) may try to do what they cannot. READ MORE

By Ted Godbout9/5/2017 • 0 Comments

The House and Senate returned Sept. 5 from a month-long break facing an extremely busy legislative calendar. READ MORE

By ASPPA Net Staff8/29/2017 • 0 Comments

Published reports say that President Trump’s top aides and congressional leaders have made “significant strides” in shaping a tax overhaul — and yes, Rothification remains on the table. READ MORE

By ASPPA Net Staff8/29/2017 • 0 Comments

On Aug. 29, the American Retirement Association requested relief for taxpayers, plan sponsors and service providers adversely affected by Hurricane Harvey. READ MORE

By Ted Godbout8/11/2017 • 0 Comments

Prior to departing for their summer breaks, House and Senate GOP leaders indicated that they plan to pivot from repealing and replacing Obamacare to making enactment of broad-based tax reform their number one priority.
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By John Iekel7/24/2017 • 0 Comments

The Washington State Department of Commerce is updating the rules for the state’s Small Business Retirement Marketplace. READ MORE

By John Iekel7/24/2017 • 0 Comments

The American Retirement Association on July 17 sent a letter to Senate Finance Committee Chairman Orrin Hatch (R-UT) expressing its strong support for tax incentives to encourage retirement savings. READ MORE

By ASPPA Net Staff7/21/2017 • 0 Comments

The House Education and the Workforce Committee approved legislation July 19 that would repeal the DOL fiduciary regulation. READ MORE

By ASPPA Net Staff7/17/2017 • 0 Comments

House Education and the Workforce Committee on July 19 will markup the Affordable Retirement Advice for Savers Act, a bill that would repeal the DOL's fiduciary rule. READ MORE

By Ted Godbout7/14/2017 • 0 Comments

Witnesses at a House Financial Services subcommittee hearing largely supported a bill to repeal the current DOL fiduciary rule and direct the SEC to take the lead in regulating the standards of care for investment advice. READ MORE

By ASPPA Net Staff7/13/2017 • 0 Comments

Yet another piece of legislation is being readied to repeal the fiduciary regulation. READ MORE

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

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