The American Retirement Association has been working with key lawmakers to include legislation that would provide tax relief to individuals and employers that suffer a sustained economic loss... Read More
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Legislation
BY John Iekel and Ted Godbout | 3/17/2020
BY Ted Godbout | 3/6/2020
A group that generally advocates for large multistate employers has put forward a series of proposals that seek to help strengthen and streamline the administration of DC plans.
In a March 4... Read More
BY Ted Godbout | 2/28/2020
The current Democratic presidential front-runner is now going after tax breaks for deferred compensation as part of his plan to rein in “corporate America.”
Citing a new GAO report suggesting that... Read More
BY Ted Godbout | 2/27/2020
In what could become the next benefits skirmish between the states and the federal government, legislation pending before the New Jersey state legislature would create a portable benefits system for... Read More
BY Ted Godbout | 2/25/2020
Another Democratic presidential candidate has a plan to tax financial transactions—and it could impact your 401(k).
Days after presidential candidate Mike Bloomberg proposed a similar tax,... Read More
BY Ted Godbout | 2/21/2020
While regulators in Washington are just getting started on drafting guidance for the newly enacted SECURE Act, on Capitol Hill, attention is already turning to the next major retirement legislation.... Read More
BY Ted Godbout | 2/20/2020
Add child care payments to the mix of items that policymakers are considering as a way to help individuals save for retirement in their DC plans.
Introduced Feb. 10 by Reps. Ann Wagner (R-MO... Read More
BY Ted Godbout | 2/19/2020
Another presidential candidate has a plan to tax financial transactions – including those in your 401(k).
As part of a broader financial reform plan, Bloomberg is proposing a 0.1% tax on all... Read More
BY NAPA Net Staff | 2/18/2020
The newest presidential candidate for the Democratic party has outlined plans for Social Security, a “public option” 401(k), and a new (old) fiduciary rule.
Claiming that “most of the benefits of... Read More
BY Ted Godbout | 2/14/2020
Another state legislature is moving forward with a state-run retirement savings program for private sector employees—this time in the form of an open MEP.
Introduced by Delegates Hala Ayala (D-... Read More
BY Ted Godbout | 2/11/2020
For the second year in a row, President Trump’s fiscal year budget doesn’t cover much new ground on the retirement policy front.
Released by the White House’s Office of Management and Budget... Read More
BY John Iekel | 2/3/2020
Rep. Josh Gottheimer (D-NJ) announced Jan. 27 that he is introducing legislation intended to increase retirement savings by changing the tax treatment of capital gains from the sale of a principal... Read More
BY John Iekel | 1/31/2020
Legislation has been introduced on Capitol Hill that would increase the Code Section 411(a) limit on cashouts due to termination of employment – for the first time in more than two decades – and... Read More
BY NAPA Net Staff | 12/16/2019
The most significant piece of retirement legislation in a decade could become a reality, after all.
Hill staff worked throughout the weekend to put the finishing touches on the nearly $1.4... Read More
BY Ted Godbout | 12/6/2019
Treasury Secretary Steven Mnuchin and key Republican lawmakers added their voices to growing concerns over the effect a potential financial transaction tax (FTT) would have on retirement savings and... Read More
BY Ted Godbout | 12/3/2019
As the latest entrant to address the increasing student loan debt burden, Sen. Rand Paul (R-KY) has introduced legislation to permit withdrawals from certain retirement plans to repay the debt.... Read More
BY John Iekel | 12/2/2019
Republican Sens. Charles Grassley (R-IA) and Lamar Alexander (R-TN) have issued a white paper and technical explanation that discuss the challenges facing multiemployer pension plans and the PBGC... Read More
BY Ted Godbout | 11/22/2019
An influential U.S. Senator is preparing legislation that would allow tax- and penalty-free withdrawals to pay for long-term care insurance.
Sen. Pat Toomey (R-PA), who is a member of... Read More
BY Ted Godbout | 11/21/2019
Despite bipartisan support from key lawmakers and others, the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 (H.R. 1994) remains in limbo.
H.R.... Read More
BY Ted Godbout | 11/6/2019
Ninety-one CEOs, presidents and chairpersons representing a broad coalition of corporations, private companies and trade associations have added their names to the growing list calling on the Senate... Read More
BY Ted Godbout | 11/4/2019
Presidential aspirant Sen. Elizabeth Warren (D-MA) has revealed how she plans to pay for her Medicare for All plan – including a financial transaction tax that could delay the retirement of millions... Read More
BY Ted Godbout | 10/31/2019
While open multiple employer plans can be very effective for many small businesses, they may not be for everyone, a new white paper warns.
Proponents of open MEPs hail them as a means of... Read More
BY Ted Godbout | 10/28/2019
Amid the push to enact the SECURE Act, new research shows that small business owners strongly believe the legislation will help them offer 401(k) plans that compete with large firms’ plans. ... Read More
BY John Iekel | 10/22/2019
The SECURE Act, one of the most important bills concerning retirement security in many years, was front and center at the Oct. 20 Washington Update general session kicking off this year’s ASPPA... Read More
BY Ted Godbout | 10/18/2019
Legislation requiring the Securities and Exchange Commission to assess the usefulness of certain disclosure rules to retail investors was approved by the U.S. House of Representatives Oct. 17.... Read More
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