What were you doing in 1986?It was a big year in my life. I got married, hit one of those birthdays with a zero in it, watched my-then hometown Chicago Bears dominate Super Bowl XX, and picked up and... Read More
Advertisement
Legislation
BY John Iekel | 4/11/2017
“I would encourage caution among policymakers when considering dramatic changes to retirement policy for tax policy purposes,” former Sen. Kent Conrad (D-ND) told the Senate Committee on Banking,... Read More
BY NAPA Net Staff | 4/10/2017
Bipartisan, bicameral legislation that would require 401(k) plan sponsors to inform participating workers of the projected monthly income they could expect at retirement has been reintroduced on... Read More
BY Andrew Remo | 3/31/2017
The U.S. Senate has passed, by a vote of 50-49, a Congressional Review Act resolution that would block the Obama-era DOL’s rule that defined the terms under which cities and counties could create IRA... Read More
BY Brian Graff | 3/30/2017
The November election was a shock to many people. Few anticipated the outcome, which created a political environment that is the most conducive to a comprehensive reform of the tax code since it last... Read More
BY Nevin E. Adams, JD | 3/27/2017
With health care reform off the table (at least for the moment), Congress will now turn to… tax reform.Over the weekend, House Ways & Means Committee Chairman Kevin Brady (R-Texas) said he aims... Read More
BY NAPA Net Staff | 3/24/2017
Bipartisan legislation has been introduced in the U.S. House and Senate to make it easier for small businesses to offer retirement plans – or at least easier to file Form 5500.The bill directs the... Read More
BY John Iekel | 3/20/2017
With that resolute assessment, NAPA Executive Director Brian Graff apprised attendees at the March 19 opening session of the 2017 NAPA 401(k) Summit on the current high level of federal activity... Read More
BY NAPA Net Staff | 2/27/2017
An Obamacare alternative could bring a big boost to Health Savings Accounts (HSAs).Introduced by Sens. Bill Cassidy, MD (R-LA) and Susan Collins (R-ME), and joined by cosponsors Lindsey Graham (R-SC... Read More
BY NAPA Net Staff | 2/17/2017
Companion bills introduced in the U.S. Senate and House are designed to give health savings accounts (HSAs) and flexible spending accounts (FSAs) a boost.The Health Savings Act of 2017 (S. 403) was... Read More
BY NAPA Net Staff | 2/14/2017
U.S. Rep. Vern Buchanan (R-Fla.) has introduced bipartisan legislation to make it easier for small businesses to offer retirement benefits to employees.The Retirement Security for American Workers... Read More
BY John Iekel | 2/1/2017
There is now an “even greater opportunity” for tax reform, Senate Finance Committee Chairman Orrin Hatch (R-UT) told the U.S. Chamber of Commerce at a Feb. 1 meeting at its Washington, DC... Read More
BY NAPA Net Staff | 1/26/2017
New bipartisan legislation wants to make it easier for workers to access plans to pay for college, and for employers to support them.The aptly named "529 and ABLE Account Improvement Act" was... Read More
BY Nevin E. Adams, JD | 1/18/2017
A not-so-complex financial calculus underpins a delicate balance for small business owners considering offering a retirement plan – and Congress could be getting ready to screw that up.As it turns... Read More
BY Nevin E. Adams, JD | 1/9/2017
House Ways... Read More
BY NAPA Net Staff | 1/9/2017
New legislation would push back – way back – implementation of the Labor Department’s fiduciary rule.Congressman Joe Wilson (R-S.C.) has introduced the Protecting American Families’ Retirement Advice... Read More
BY NAPA Net Staff | 12/29/2016
A new law now allows small employers to provide a stand-alone employer-paid Health Reimbursement Account (HRA) plan to employees without incurring a tax penalty.The new law allows a small employer (... Read More
BY NAPA Net Staff | 12/13/2016
Published reports indicate that the U.S. Senate is looking to pass a comprehensive tax overhaul next year using the budget reconciliation process.Senate Majority Leader Mitch McConnell (R-Ky.) said... Read More
BY NAPA Net Staff | 12/12/2016
Tax reform proposals often target at least some of the so-called “preferences” accorded workplace retirement savings. Here’s one that claims to preserve them.Sen. Ben Cardin (D-Md.), a member of the... Read More
BY Nevin E. Adams, JD | 12/1/2016
As expected, President-Elect Trump’s pick for Treasury Secretary has thrown down the gauntlet on tax reform – and that’s not likely to be good news for retirement plans.“Our No. 1 priority is tax... Read More
BY NAPA Net Staff | 12/1/2016
Legislation that would amend the nondiscrimination rules to protect older plan participants and those with longer-term service whose employers have closed or frozen their pension plans is now before... Read More
BY John Iekel | 11/18/2016
The Retirement Enhancement and Savings Act (RESA, S. 3471), which would amend the Internal Revenue Code to encourage retirement savings, was placed on the Senate’s legislative calendar by Sen. Orrin... Read More
BY John Iekel | 11/17/2016
Elections, it is said, have consequences. And the retirement industry is among those for whom last week’s election results signaled that change is on the horizon. In a Nov. 15 ASPPA webcast, “What... Read More
BY Nevin E. Adams, JD | 11/10/2016
Less than 24 hours after Donald Trump’s stunning victory, the Chairman of the House Ways & Means Committee was talking tax reform – and that could be ominous for retirement savings.While both... Read More
Recent Comments