In the leadup to a speech in Scranton, PA, presumptive Democratic presidential nominee Joe Biden released a 110-page policy document developed with former candidate Sen. Bernie Sanders (I-VT)... Read More
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Legislation
BY Ted Godbout | 7/6/2020
Legislation has been reintroduced to create a national, online “lost and found” database to help plan participants keep track of their retirement accounts as they move from job to job. ... Read More
BY Ted Godbout | 7/2/2020
UPDATE: President Trump on July 4 signed the legislation into law.
The House of Representatives on July 1 approved Senate-passed legislation to extend the deadline for small businesses... Read More
BY Nevin E. Adams, JD | 6/18/2020
Vantage Benefits Administrators co-owner Jeffery Richie, 55, and his wife (and co-owner) Wendy Richie, 59, have pled guilty to several counts in federal court for their role in a $15 million... Read More
BY NAPA Net Staff | 6/4/2020
UPDATED JUNE 5 AT 1:00 P.M.
The U.S. Senate has passed legislation that provides additional flexibility for small businesses under the Paycheck Protection Program. The measure was approved by... Read More
BY Ted Godbout | 5/29/2020
The House of Representatives has approved stand-alone legislation that seeks to alleviate complications small business owners encountered under the Paycheck Protection Program (PPP). ... Read More
BY Ted Godbout | 5/26/2020
The legislation would significantly expand the existing credit to cover the wages and benefits—including 401(k) contributions—of employees of businesses affected by COVID-19 until the pandemic... Read More
BY Ted Godbout | 5/21/2020
The House of Representatives plans to vote next week on stand-alone legislation that would ease the rules for businesses taking advantage of the Paycheck Protection Program.
While still... Read More
BY Ted Godbout | 5/18/2020
The $3 trillion bill which passed May 15 includes retirement provisions advocated by the American Retirement Association. While it has already been declared “dead on arrival” in the Senate, that... Read More
BY Ted Godbout | 5/13/2020
A $3 trillion stimulus bill released by House Democrats includes retirement provisions advocated by the American Retirement Association—and a whole lot more—though its passage is anything but certain... Read More
BY Ted Godbout | 5/7/2020
A controversial call by the IRS on deductibility of expenses under the Paycheck Protection Program is drawing fire from both parties and both houses of Congress.
No less than the chairmen of the... Read More
BY Ted Godbout | 4/28/2020
A senior Republican member in the House has introduced legislation to help those whose retirement savings have been harmed by the economic impact of the COVID-19 pandemic.
Rep. Patrick... Read More
BY Ted Godbout | 4/24/2020
Update: President Trump signed the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266) into law on April 24, 2020.
The House of Representatives on April 23 approved a $484... Read More
BY Ted Godbout | 4/22/2020
While the latest COVID-19 stimulus bill does not include retirement policy changes, it does add funding for the small business loan program that can be used to help pay retirement benefits. ... Read More
BY Nevin E. Adams, JD | 3/31/2020
The legislation is less than a week old, and amidst the scramble for answers and action(s)—well, it’s inevitable that some things will get overlooked, and other important things will be misconstrued... Read More
BY Ted Godbout | 3/30/2020
President Trump on March 27 signed into law the sweeping $2.2 trillion stimulus bill that includes retirement relief provisions supported by the American Retirement Association.
It wasn’t easy—or... Read More
BY Ted Godbout | 3/27/2020
President Trump on March 27 signed into law the sweeping $2 trillion stimulus bill that includes retirement relief provisions supported by the American Retirement Association.
It wasn’t easy – or... Read More
BY Ted Godbout | 3/26/2020
It’s not over yet, but after six days of intense negotiations, about midnight on March 25, the Senate unanimously approved a sweeping $2 trillion stimulus bill, including retirement relief provisions... Read More
BY NAPA Net Staff | 3/25/2020
Senate leaders and the Trump Administration finally came to terms on a nearly $2 trillion coronavirus emergency relief package—but it’s not done yet.
The announcement, which came around 1:00 a.m.... Read More
BY Ted Godbout | 3/24/2020
As the Senate squabbles over legislation designed to alleviate the impact of the coronavirus, the Speaker of the House has unveiled a version with slightly different provisions regarding retirement... Read More
BY Ted Godbout | 3/23/2020
A revised version of the CARES Act includes additional retirement relief provisions supported by the American Retirement Association, though the negotiations aren’t over yet.
After... Read More
BY Ted Godbout | 3/23/2020
The American Retirement Association, along with two dozen other trade organizations, is urging Congress to provide immediate relief to retirement plan sponsors, participants and retirees in the wake... Read More
BY John Iekel | 3/23/2020
A bill has been introduced in the U.S. House of Representatives that would make it possible for 403(b) plans to invest in a broader array of forms of investment than they can currently.... Read More
BY Andrew Remo | 3/20/2020
The CARES Act includes provisions advocated by the American Retirement Association that loosen retirement plan hardship and loan rules to free up funds for individuals impacted by the Coronavirus... Read More
BY NAPA Net Staff | 3/19/2020
The American Retirement Association has reached out to members of Congress with proposals to help alleviate cash flow issues for small businesses with retirement plans.
The ARA, whose broad... Read More
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