With the House of Representatives poised to take up the second round of tax reform, a couple of changes have been made to the retirement section of the legislation.On Sept. 25, House Ways and Means Committee Chairman Kevin Brady (R-TX) offered a “manager’s amendment” to the Family Savings Act (H.R... READ MORE

Nearly one-third of Americans do not have an accurate handle on the state of their own finances, thinking they are either better or worse off than they actually are, according to a new study.Prudential’s first ever Financial Wellness Census, which surveyed more than 3,000 U.S. adults, explores... READ MORE

UPDATED SEPT. 21 AT 1:00 ET: Shortly after this post was published, the Senate Finance Committee scheduled a Sept. 27 hearing to consider the nomination of Gordon Hartogensis to be director of the Pension Benefit Guaranty Corporation.The Senate recently confirmed a new IRS Commissioner, but there’s... READ MORE

While most Millennials use smartphones to manage their personal finances, their use of financial technology does not necessarily improve their financial management practices, according to a new report.Using survey data from their 2018 Personal Finance Index (P-Fin Index), the TIAA Institute and the... READ MORE

As consideration of Tax Reform 2.0 begins in the U.S. House of Representatives, the congressional Joint Tax Committee (JTC) revenue tables with estimates about the impact of the provisions on tax revenues.The Family Savings Act — one of three bills under consideration — draws partially from the... READ MORE

The Department of Labor (DOL) recently announced the creation of a new Office of Compliance Initiatives (OCI) to promote greater understanding of federal labor laws and regulations, including those involving retirement security, health, and other employee benefits.Established within the Office of... READ MORE

House Ways and Means Committee Chairman Kevin Brady (R-TX) has released the details of his tax reform 2.0 legislation, and it includes significant retirement savings changes, including multiple employer plans (MEPs).On Sept. 10, Brady unveiled three bills that seek to build on the Tax Cuts and Jobs... READ MORE

Moving the needle when it comes to increasing retirement savings is a major challenge, but a new report suggests that sharing health care cost data can incentivize employees to both manage health conditions and increase retirement savings.According to data from HealthView Services, whose clients... READ MORE

A new website by the Investment Company Institute attempts to take on common myths about the U.S. retirement system and highlights recent research by the organization.Suggesting that America’s retirement system is strong and working well for most workers, ICI’s FactsOnRetirement.org presents in-... READ MORE