Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
December 20, 2024
What Really Gets Shut Down When Government Spending StopsMedicare and Social Security benefits would continue, but some administrative tasks could be delayed.
December 20, 2024
Fight Over House Anti-Shutdown Bill Affects Medicare ProvisionsWith a midnight deadline looming, the House and the Senate rushed to approve a package and send to the president.
December 20, 2024
Senate Nears Vote on Bill to Curb Contentious Social Security RulesA vote could come as early as Friday afternoon on the House-passed Social Security Fairness Act.
December 19, 2024
New House Bill Could Kill the Net Investment Income TaxThe 3.8% tax can hit individuals with as little as $200,000 in income.
December 18, 2024
7 Ways the New House Spending Package Could Affect Older ClientsIt could chase away ghost doctors and support high-tech cancer blood tests.
December 17, 2024
Draft Bill Attacks Wealthy Families' Private Placement Life PoliciesSen. Ron Wyden's proposal would tax the policies and contracts as if they were ordinary investment funds.
December 16, 2024
Debate: Should the U.S. Government Create a Nationwide Retirement Savings Plan?Many workers enter retirement with little savings primarily because of sporadic coverage options during their working lives.
December 13, 2024
These Tax Policies Are Ripe for Change in 2025Professors Bloink and Byrnes dissect the realities of Trump's tax promises and some potential means of paying for them.
December 12, 2024
Senate OKs Bipartisan Bill That Might Help Older Clients With TechOlder Americans Act reauthorization passed unanimously, and President Biden has just signed a dementia data bill.
December 03, 2024
Congress May Poach Retirement Benefits to Pay for 2025 Tax Cuts"Rothification" of 401(k)s or a rollback of the RMD age extension could be on the table.