Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Democrats Weigh Enlarging AMT to Counter SALT Expansion
By Laura Davison and Erik WassonAn expanded AMT could mean higher taxes for some top earners, even if they're eligible for lots of credits and deductions.
November 02, 2021
How Super-Wealthy Americans Fare Under Biden's New Tax PlanHardest hit are those who make lots of money but have few legal options for sheltering it, like business owners.
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.