Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
For High Earners, Roth Catch-Up Contributions Are Tricky
By John ManganaroUnder Secure Act 2.0, those making more than the threshold will soon have to direct such contributions to Roth accounts.
March 22, 2024
House Panel Passes Bill to Quash DOL Independent Contractor RuleSupporting lawmakers say the rules are arbitrary and capricious under federal law.
March 21, 2024
What to Know About the New Bill Targeting GRATs and 'Abusive Trusts'The Getting Rid of Abusive Trusts Act is intended to make these trusts less attractive for tax avoidance.
March 14, 2024
12 Biggest U.S. Life, Health and Retirement Tax Breaks: 2024This is where lawmakers look when they're hungry for revenue.
March 13, 2024
NABIP Creates 10-Point Health Care Bill of RightsThe health agent and consultant group says that affordability should be one of the guaranteed principles.
March 13, 2024
NAIC Fills in the Annuity Suitability Passage MapThe United States is six jurisdictions away from having what could be a uniform set of annuity sales standards.
March 12, 2024
Treasury Proposes Curbs on Use of Life and Annuities in Wealth PlanningClients might have to pay ordinary income taxes and a 10% penalty on cash taken from the arrangements.