Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
New Bill Lets First-Time Homebuyers Take More From IRAs
By Melanie WaddellIndividuals could withdraw $25,000 without penalty to purchase their first home, up from $10,000.
October 11, 2024
Medicare Annual Enrollment Starts Tuesday. Will There Be Drama?Agents, brokers and clients are bracing for fewer plan options and stingier benefits in many markets.
October 10, 2024
Kamala Harris Proposes Medicare Home Care BenefitShe hopes to use prescription benefit savings and international tax changes to pay for the services.
October 09, 2024
11 Worst States for Medicare Drug Plan Menu CutsAny big problems in this market could affect all financial services conversations in Washington.
October 02, 2024
Protective Life CEO to Chair American Council of Life Insurers BoardRich Bielen will be 2025 chair; Thrivent's CEO will be the policy-shaping group's chair-elect.
September 30, 2024
New Bill Creates $5,000 Investing Accounts for Every ChildAmerican Dream accounts would be invested in index funds and managed by the Social Security Administration.
September 30, 2024
Bill Could Kill SEC's New Index-Linked Annuity Registration RuleIssuer reactions to the rule have seemed positive.
September 26, 2024
New Bill Increases Social Security Death BenefitThe bill would adjust the lump-sum payment for the first time in 70 years.