Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
What Advisors Think of Biden's $1.5T Tax Plan
By Melanie Waddell"Should these proposals prevail in Congress, financial planners will be more valuable than ever," one advisor told us.
April 21, 2021
TRUST Act Could Lead to Wide Social Security Benefit CutsSimply put, the TRUST Act is a way to cut benefits while leaving few fingerprints from individual members of Congress.
April 21, 2021
House Passes Bill Requiring SEC, CFTC Digital Assets Working GroupMeanwhile, a bill that would end mandatory arbitration in financial services has re-emerged.
April 19, 2021
RIA Group Supports Diversity Reporting BillThe bill, up for debate Tuesday, would allow agencies like the SEC to require large firms to report diversity data.
April 15, 2021
SALT-Cap Repeal Gains MomentumHouse members are forming a bipartisan group to push for a repeal of the $10,000 cap on state and local tax deductions.
April 15, 2021
Bill to Boost RMD Age to 75 Up for Vote in 'Next Few Weeks': Rep. NealThe retirement bill, dubbed the Secure Act 2.0, also increases auto-enrollment and catch-up contributions in 401(k)s.
April 15, 2021
Bill Reintroduced to Shore Up Social Security, MedicareThe TRUST Act aims to prevent a roughly 25% cut to benefits in 2032, when today's youngest retirees turn 73.
April 08, 2021
Ed Slott's Last-Minute Tax TipsOne tip: Remember that the May 17 tax filing deadline doesn't apply to first-quarter estimated tax payments.