Apparently we’ll have to wait another day to find out what House Republicans have in mind for tax reform.The Hill reports that the GOP now says the bill will be released on Thursday, with what the... Read More
Advertisement
Legislation
BY Nevin E. Adams, JD | 10/31/2017
Stephen King’s It involves a certain malevolent spirit that rises up every generation, wreaks havoc and feeds on the unsuspecting, before going back into hibernation. Sound familiar?A few weeks back... Read More
BY Ted Godbout | 10/30/2017
If last week’s volley between President Trump and House Ways and Means Committee Chairman Kevin Brady (R-TX) over the potential Rothification of 401(k)s has you perplexed, rest assured, we should... Read More
BY John Iekel | 10/27/2017
American Retirement Association CEO Brian Graff reminded attendees at ASPPA's 2017 Annual Conference at National Harbor, MD, this week that tax reform is a pressing matter. "We're next," he said, as... Read More
BY Ted Godbout | 10/27/2017
In Washington you never really quite know whether a legislative proposal is truly dead, mostly dead, or partly alive. In this case, we’re not talking about Rothification, but a proposed legislative... Read More
BY Nevin E. Adams, JD | 10/26/2017
President Trump may have thought his tweet would have ended the controversy over a proposed partial Rothification of 401(k)s – but that was Monday.While heading off on Marine One yesterday, the... Read More
BY Nevin E. Adams, JD | 10/24/2017
It is all too common in human affairs to make choices that have "unforeseeable consequences." And then there are those situations where people should have known better. Like the current rumors about... Read More
BY Nevin E. Adams, JD | 10/24/2017
A day after President Trump tweeted his support for the 401(k), the Chairman of the House Ways and Means Committee said House Republicans are "taking a fresh look" at savings plans.Politico Pro... Read More
BY Ray Harmon | 10/23/2017
On Monday, Oct. 23, the Massachusetts legislature's Joint Committee on State Administration and Regulatory Oversight will consider 25 pieces of legislation, including one that would set up a state-... Read More
BY Nevin E. Adams, JD | 10/23/2017
In recent days, there have been a number of reports about the potential for tax reform proposals incorporating "Rothification" of 401(k)s -- a loss of, or reduction in, the amount of employee... Read More
BY Nevin E. Adams, JD | 10/23/2017
In light of recent press reports regarding proposals involving tax reform and retirement savings incentives, the American Retirement Association has issued a set of retirement policy principles for... Read More
BY Ted Godbout | 10/13/2017
As part of a two-day marathon markup of 23 bills, the House Financial Services Committee on October 12 approved legislation to repeal the Department of Labor’s fiduciary rule and create a new... Read More
BY John Iekel | 10/10/2017
A proposal to allow some retirees to receive lump sum Social Security payments would result in higher costs for Old Age, Survivor and Disability Insurance (OASDI) in the short term, but a small net... Read More
BY Ted Godbout | 10/10/2017
President Trump signed legislation on Oct 6, 2017, that allows broker-dealers to publish public research reports on exchange-traded funds.The Fair Access to Investment Research Act of 2017 (S. 327),... Read More
BY Ted Godbout | 9/29/2017
The U.S. House and Senate both approved legislation on Sept. 28 to expand access by victims of Hurricanes Harvey, Irma and Maria to their 401(k) and similar plans without incurring IRS penalties and... Read More
BY NAPA Net Staff | 9/28/2017
Rothification may not be on the table – yet – but the GOP's tax reform outline includes a potentially nasty surprise for small business retirement plans.Those taking a public stand against the so-... Read More
BY Craig Hoffman | 9/28/2017
An outline of the Republican tax reform plan released Sept. 27 includes a proposal to cap the tax rate on small business “pass-through” income at 25%.More than 90% of businesses are organized as pass... Read More
BY Ted Godbout | 9/28/2017
Rep. Ann Wagner (R-MO) introduced legislation on Sept. 27 that would repeal the Department of Labor’s fiduciary rule and create a new standard of conduct for brokers and dealers.Wagner has had her... Read More
BY NAPA Net Staff | 9/27/2017
A broad-brush outline of the GOP’s tax reform plan released today makes no specific mention of imposing a Roth-style requirement on 401k)s and other DC plans — but it does not rule out such an... Read More
BY Ted Godbout | 9/25/2017
Congress has released draft legislation consistent with recent recommendations by the American Retirement Association to expand access by victims of Hurricanes Harvey, Irma and Maria to their 401(k)... Read More
BY Ted Godbout | 9/22/2017
The American Retirement Association is urging Congress to approve legislation providing victims of Hurricanes Harvey, Irma and Maria access to their 401(k) and similar plan savings without incurring... Read More
BY NAPA Net Staff | 9/21/2017
Legislation that would repeal the DOL’s fiduciary rule would have a negligible effect on federal revenues, say multiple cost estimates.The Affordable Retirement Advice Act for Savers (H.R. 2823),... Read More
BY NAPA Net Staff | 9/14/2017
A new spending bill introduced in the U.S. House of Representatives contains a sentence that seeks to do away with the fiduciary regulation – with language that some might find eerily prophetic.The... Read More
BY Ted Godbout | 9/5/2017
The House and Senate are scheduled to return today from a month-long break facing an extremely busy legislative calendar.The legislative agenda was already packed full, with the need to approve... Read More
BY NAPA Net Staff | 8/29/2017
Published reports say that President Trump’s top aides and congressional leaders have made “significant strides” in shaping a tax overhaul – and yes, Rothification remains on the table.Politico,... Read More
Recent Comments