Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Treasury Taps Retirement Funds to Avoid Breaching Debt Limit
By Christopher AnsteyTreasury Secretary Yellen informed congressional leaders of the step Thursday.
January 17, 2023
Long-Term Care Group Head Yawns at Secure 2.0 LTC ProvisionJesse Slome says the impact of a new tax break will be insignificant.
January 13, 2023
New Bill Would Repeal Estate Tax, Keep Step-Up in BasisA bill allowing "both income tax and estate tax elimination" will never pass, says Ed Slott.
January 13, 2023
Secure 2.0 May Stabilize the Long-Term Care Toolbox: Howard SharfmanThe veteran wealth planner thinks Section 334 will give the insurers still in the LTCI market a reason to stay.
January 12, 2023
Lawmakers Introduce Bipartisan Medicare Hearing Aid Benefits BillH.R. 244, sponsored by Rep. Debbie Dingell, could also add original Medicare coverage for routine hearing exams.
January 11, 2023
The IRS Needs Billions to Make TrillionsUnderfunding the Internal Revenue Service allows scofflaws to go unpunished and will increase the budget deficit.
January 11, 2023
Will Secure 2.0 Increase Long-Term Care Insurance Sales?One provision in the law will allow people to tap individual retirement accounts or 401(k) plans to pay for LTCI coverage.
January 11, 2023
Secure 2.0 Is Here, but Expect a Slow RolloutSome of the changes mandated in the law may take years to materialize — if they ever do.