Government Affairs

Government Affairs

Government Affairs

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 ASPPA Net Staff4/5/2017 • 0 Comments

The American Retirement Association has joined as a founding member of the Save Our Savings (SOS) Coalition, an alliance dedicated to protecting Americans’ retirement savings. 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 ASPPA Net Staff3/31/2017 • 0 Comments

Alexander Acosta, President Trump’s nominee to head the Labor Department, was approved March 30 by the Senate Health, Education, Labor and Pensions (HELP) Committee. The full Senate will now vote on his nomination, though a date has not yet been set. 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

By Brian Graff3/30/2017 • 0 Comments

A close examination of the Tax Reform Blueprint issued in July 2016 by the Republican leadership in the House of Representatives is critical since it will be driving the tax reform process in 2017, at least initially. READ MORE

By Ray Harmon3/28/2017 • 0 Comments

More than 50 bills will be heard for the first time in the Illinois House Personnel and Pensions Committee on March 30; they include measures that would affect state and local retirement plans. READ MORE

By Nevin Adams3/27/2017 • 0 Comments

With health care reform off the table (at least for the moment), Congress will now turn to… tax reform. READ MORE

By Ray Harmon3/24/2017 • 0 Comments

On March 22, while Alexander Acosta faced his confirmation grilling in the Senate, the ERISA Advisory Council had its first meeting of the Trump administration era, setting its 2017 agenda. READ MORE

By ASPPA Net Staff3/23/2017 • 0 Comments

Bipartisan legislation has been introduced in the House and the Senate to make it easier for small businesses to offer retirement plans — or at least to file Form 5500. READ MORE

By Nevin Adams3/22/2017 • 0 Comments

The fiduciary regulation wasn’t a big focus of the hearing on Alexander Acosta’s nomination as Secretary of Labor — but it did come up. READ MORE

By ASPPA Net Staff3/22/2017 • 0 Comments

The Government Accounting Standards Board has issued an omnibus statement that addresses a variety of accounting and financial reporting issues. including some related to retirement plans. READ MORE

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