Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
New Senate Bill Would Increase Stock Buyback Tax
By Melanie WaddellThe Stock Buyback Accountability Act would increase the buyback tax rate to 4% from 1%.
February 09, 2023
Calls Grow for IRS to Address Secure 2.0 Error Threatening Catch-Up ContributionsRetirement industry groups say the IRS should issue temporary clarifying guidance as Congress might not act quickly enough.
February 09, 2023
12 Federal Budget Cut Ideas That Could Hit Retirement Savers HardLawmakers could use some of these items to offset the cost of spending and tax break proposals.
February 08, 2023
'Accredited Investor' Definition Sparks House DebateAt issue: the SEC's plan to update in April the financial thresholds defining who qualifies.
February 08, 2023
Biden Moves to Shield Medicare and Social Security From Budget ShowdownThe White House plans to post its own budget March 9.
February 07, 2023
Secure 2.0 Equal Parts Exciting and Confusing for Business OwnersThe enthusiasm for the landmark law's retirement provisions is matched only by the scope of the changes it makes.
February 07, 2023
Track Lawmakers' Stock Trading With These 2 ETFsThe ETFs aim to capitalize on controversy surrounding stock moves, some very profitable, by Democrats and Republicans.
February 06, 2023
Secure 2.0 Can Make Clients' Retirement Plans StrongerExplaining change can create sales opportunities.