Add Washington to the list of states that are considering legislation affecting the marketplace for private retirement plan products. State Rep. Larry Springer (D-Kirkland) has introduced a bill to... Read More
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Legislation
BY John Iekel | 2/27/2015
The White House's budget proposal sets aside $6.5 million in funding for the Department of Labor, along with waiver authority, to support state efforts to implement state-based automatic... Read More
BY John Iekel | 2/12/2015
Legislation just introduced in the Oregon State Senate brings the Beaver State a step closer to establishing a state-run retirement savings program.The legislation, backed by the Oregon Senate... Read More
BY Nevin E. Adams, JD | 2/4/2015
In addition to proposals that include a retirement savings cap, double-taxing contributions of those above the 28% tax bracket and encouraging automatic enrollment, President Obama’s budget... Read More
BY John Iekel | 2/4/2015
The Kentucky House of Representatives currently has legislation before it that, if enacted, would make the Bluegrass State the second to have a state IRA program in place. Rep. Martha Jane King (D-... Read More
BY NAPA Net Staff | 2/3/2015
President Obama’s 2016 budget has been issued, and while parts could expand retirement plan coverage, others are likely to undermine those good intentions. No surprise, but the $3... Read More
BY Andrew Remo | 1/30/2015
The 114th Congress has gotten off to a quick start with retirement legislation.This week the “Collins-Nelson Retirement Security Act of 2015” (S. 266) was introduced in the Senate, while... Read More
BY NAPA Net Staff | 1/29/2015
The U.S. Senate Health, Education, Labor and Pensions Committee announced on Jan. 28 its assignments for the committee’s three subcommittees for the 114th Congress. The committee’s... Read More
BY NAPA Net Staff | 1/26/2015
The new chairman of the Senate Finance Committee has staked out his plans, and the Committee’s agenda, for dealing with pension reform. Sen. Orrin Hatch (R-Utah) highlighted key portions of... Read More
BY Alisa Wolking | 1/20/2015
The 114th Congress has officially kicked off, and federal tax reform remains high on the agenda for this year. On Jan. 15 the Senate Finance Committee, which has jurisdiction over tax policy,... Read More
BY Nevin E. Adams, JD | 1/19/2015
A year ago, President Obama touted the voluntary MyRA in his State of the Union Address — but the White House has a lot more to say about retirement this year — and it’s a lot less... Read More
BY Michael Bushnell | 1/15/2015
During deliberations on the package of 11 bills designed to roll back provisions of Dodd-Frank this week, House Republicans thwarted an effort by Rep. Maxine Waters (D-Calif.) to attach an amendment... Read More
BY NAPA Net Staff | 1/14/2015
Rep. Chris Van Hollen (D-MD), the Ranking Democratic Member of the House of Representatives’ Budget Committee, unveiled a set of tax proposals Jan. 12 that are said to be designed, at least in... Read More
BY John Ortman | 1/7/2015
Representatives adopted a rule change Jan. 6 that directs Congress’ legislative analysts — the Joint Committee on Taxation and the Congressional Budget Office — to incorporate... Read More
BY NAPA Net Staff | 12/22/2014
Largely overlooked in the flurry of lame duck activity by Congress is a bill that creates a new kind of savings account for those with disabilities. Congress overwhelmingly passed bipartisan... Read More
BY NAPA Net Staff | 12/19/2014
Just days before the end of the 113th Congress, two senior members of the House Ways & Means Committee introduced a bipartisan, comprehensive retirement bill. The Small Businesses Add... Read More
BY NAPA Net Staff | 12/16/2014
The incoming Chairman of the Senate Finance Committee has a recommendation for the Department of Labor as it crafts new fiduciary rules: Stop. “We shouldn’t have DOL writing these sort of... Read More
BY Judy Miller | 12/15/2014
Lawmakers have crafted and approved a sweeping bipartisan solution to address the mammoth funding shortfalls of the multiemployer plan system — a solution that is likely to have a long-term... Read More
BY Nevin E. Adams, JD | 12/8/2014
By a large bipartisan majority, the U.S. House of Representatives last week passed tax-extender relief legislation that would, among other things, impact multiemployer pension plan funding. The Tax... Read More
BY Ray Harmon | 12/4/2014
With time running out on its deadline for providing recommendations, a task force examining alternatives for a possible state-run IRA program in the Old Line State continued to debate the issues.At... Read More
BY John Iekel | 12/3/2014
UPDATED DECEMBER 04, 2014More than a dozen states are at various stages of considering some kind of “automatic IRA” proposal — but the Land of Lincoln may have just leapt to the... Read More
BY Ray Harmon | 11/21/2014
In the wake of the surprise election of Republican Larry Hogan to the Maryland governor’s mansion earlier this month, the task force established by outgoing Gov. Martin O’Malley (D) to... Read More
BY Nevin E. Adams, JD | 11/20/2014
The Government Accountability Office (GAO) published its final report on Individual Retirement Accounts (IRAs), offering some recommendations for Congress and the IRS on so-called “mega”... Read More
BY Judy Miller | 11/17/2014
When the 113th Congress wraps up in December, it won’t have much to show for its term. Will the 114th Congress that convenes in January be any different? Will Congress use retirement... Read More
BY Nevin E. Adams, JD | 11/10/2014
Having regained their Senate majority and deepened their hold on the House, the GOP — with a wary eye on the 2016 elections — may be ready to act on a range of issues affecting the... Read More
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