Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Debate: Should Non-Compete Agreements Be Banned?
By Robert Bloink | William H. ByrnesOur experts share their viewpoints on whether the FTC's proposed ban would be beneficial to companies and workers.
January 19, 2023
New Bill Would Raise Capital Gains Tax on Wealthy New YorkersThe new 7.5% tax could apply to single New York residents with a taxable income of over $400,000.
January 19, 2023
Are 529 Plan Rollovers the New Backdoor Roth?This Secure 2.0 provision intrigues advisors, but there's some fine print, warns Ian Berger of Ed Slott and Co.
January 19, 2023
Treasury Taps Retirement Funds to Avoid Breaching Debt LimitTreasury Secretary Yellen informed congressional leaders of the step Thursday.
January 18, 2023
Wave of Tax-Hike Bills to Debut in Statehouses ThursdayLawmakers in seven states plan to propose tax hikes on the wealthy, including taxes on unrealized capital gains.
January 17, 2023
Advisors Ignore 401(k) Plans at Their Peril: Carson, Vestwell ExecsTech partnerships can help advisors meet growing demand for 401(k) services, Jamie Hopkins and Aaron Schumm say.
January 17, 2023
Long-Term Care Group Head Yawns at Secure 2.0 LTC ProvisionJesse Slome says the impact of a new tax break will be insignificant.
January 13, 2023
New Bill Would Repeal Estate Tax, Keep Step-Up in BasisA bill allowing "both income tax and estate tax elimination" will never pass, says Ed Slott.