Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
SALT Cap Suspension for 5 Years Emerges as Leading Option
By Laura Davison and Billy HouseA group in the House has vowed to block Biden's economic agenda until the $10,000 deduction limit is addressed, but Senator Bernie Sanders says such a plan is "unacceptable."
October 29, 2021
Biden Plan Drops Retirement Changes, Leaves Backdoor Roths IntactMeanwhile, retirement trade group IRI is shifting its efforts toward the Secure Act 2.0, which raises the RMD age.
October 29, 2021
What Does a Short-Term Boost Do for Social Security? Plenty, Says a Top AnalystMany changes in the Social Security 2100 bill are short-lived but significant, Martha Shedden tells ThinkAdvisor.
October 28, 2021
Social Security Whiz Marcia Mantell Cheers Provisions for Widows, Caregivers in New BillRep. John Larson's new bill has added new, important measures that are much needed, says the retirement expert.
October 28, 2021
Wade Pfau: Pros and Cons of the Social Security 2100 BillFor one thing, the bill would lessen the harm of the Social Security tax torpedo, but it doesn't go far enough, he tells ThinkAdvisor.
October 28, 2021
Ed Slott: Why IRA Changes Aren't in Biden's New PlanSlott also tells ThinkAdvisor how he became an IRA whiz and why it's a mistake for advisors to avoid tax planning.
October 27, 2021
New Bill Won't Save Social SecuritySocial Security 2100: A Sacred Trust is an opening salvo in the funding debate, but it won't solve the long-term problem.
October 27, 2021
16 Big Social Security Changes in the New 'Sacred Trust' BillThe sweeping bill, Social Security 2100: A Sacred Trust, makes several major changes beyond expanding the payroll tax.