NAPA Head Warns of 401(k) Revenue Grab by Policymakers
Plan adviser association kicks off its national conference with discussion of Congressional threats to tax-deferred retirement plans amid 2025 negotiations...
Tag: Legislation
DOL’s Fiduciary Rule Faces Uncertain Future
Although regulators are motivated to finalize the rule, it will likely face litigation, according to Capital Group’s senior counsel.
House Bills Aim to Increase Use, Contribution Amounts For HSAs
Bipartisan legislation looks to address “outdated bureaucratic barriers and red tape” regarding the tax-advantaged health savings accounts.
Insurance Group Calls On White House to Support More Retirement, Annuity Legislation
The IRI wrote to the Biden administration in the hopes it will back retirement legislation that paves the way for...
BlackRock Changes Up Public Policy Team
Samantha DeZur will now head U.S. division of team focused on public policies regarding investors’ long-term interests.
Top Retirement Plan Advisers Weigh In on Potential, Pitfalls of SECURE 2.0
PLANADVISER’s top retirement adviser pulse survey finds optimism about the legislation, alongside a healthy dose of questions and advice for...
State Auto-IRAs Set for Vermont, Nevada, As Pennsylvania Awaits Vote
More states are set to offer state-facilitated retirement plans as the AARP calls for the Pennsylvania state legislature to vote...
Senate Mulling Debt Ceiling Bill After House Passage
The House bill, passed Wednesday, would suspend the debt ceiling until 2025.
Desantis Bans ESG Consideration in Florida’s Investment Decisions
The governor sees Florida as a trendsetter in how states can prohibit and ban ESG in state funds.
Adviser Group Forecasts Federal, Private Plan “Battle” Over US Retirement System
A government-led plan threatens private 401(k) industry, NAPA head tells national conference. A think tank proponent says the plan focuses...
House Passes Financial Exploitation Prevention Act to Safeguard Seniors from Fraud
The bill would permit open-ended investment companies and transfer agents to delay redemption of securities if they suspect financial exploitation...
SECURE 2.0 Error Threatens Catch-Up Contributions, but Meaning Is Clear
A mistake in SECURE 2.0 legislation would eliminate both future and existing retirement plan catch-up contributions, though IRS interpretation to...
Congress Passes SECURE 2.0, Forwarding Second Major Retirement Reform in Three Years
The passage of sweeping policy to increase retirement saving among Americans now awaits presidential signature.
SECURE 2.0 Passes Senate as Industry Overwhelmingly Hopes for House Passage
The bill, which is awaiting House vote, contains the most popular provisions while also giving time for actors to come...
LPL Advisers Overwhelmingly Support SECURE 2.0 Even as Timeline for Passage Tightens
On the same day Senator Rob Portman, a retirement-legislation leader, gave his farewell speech, a survey from the massive independent...
Congress Nears Passage of RILA Registration Legislation
The proposed legislation would greatly simplify the process by which the annuities are registered by providing for tailored registration forms.
SECURE 2.0 Likely to Pass this Year
Three separate bills, dubbed SECURE 2.0 when taken together, are likely to be passed into law by this December, according...
Which Party Does the Financial Industry Support?
It’s complicated. Data shows that some sub-industries within finance tend to support Democrats while others support Republicans.
ERIC Publishes Letter Offering Support and Recommendations for SECURE 2.0
The letter offered broad support for many of the provisions in the three bills composing ‘SECURE 2.0’ and provided recommendations...
Growth of Digital Assets Spurs New Regulatory Proposals
As interest in cryptocurrencies for retirement grows, policymakers look for ways to contain the risk of digital assets without limiting...