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BY Fred Barstein | 5/29/2013
In an effort to slow the SEC’s effort to create a uniform fiduciary standard for financial advisors authorized but not mandated by Dodd-Frank, Rep. Ann Wagner (R-MO) convened a panel of the Financial... Read More
BY Judy Miller | 5/28/2013
On May 23, members of the Senate Finance Committee met for one of 10 private briefings on tax reform options. This briefing was on “economic security” topics, including retirement savings. While no... Read More
BY Fred Barstein | 5/17/2013
With the possibility of two fiduciary standards for financial advisors looming — one by the DOL, whose rule is pending and was originally expected to come out in July, and another by the SEC, which... Read More
BY Brian Graff | 5/9/2013
As you may be aware, the Marketplace Fairness Act of 2013 passed the U.S. Senate on May 6. What you may not know is that ASPPA and NAPA are opposing the legislation in its current form. (In fact, a... Read More
BY Andrew Remo | 5/8/2013
Following a week-long in-state/district work period, Congress returns to Washington D.C. this week for a three-week work period. While fiscal and tax issues are expected to take a back seat to other... Read More
BY John Ortman | 5/2/2013
The convergence of two circumstances has made tax reform “somewhat more likely” in the months ahead, says Brian Graff, CEO/Executive Director of ASPPA and NAPA. In this month’s Washington Update... Read More
BY John Ortman | 4/16/2013
In an interview Monday with CNBC's Rick Santelli, Brian Graff, Executice Director/CEO of NAPA and ASPPA, explains the impact of President Obama’s proposal to cap retirement savings accounts at $3... Read More
BY Fred Barstein | 4/15/2013
Lost in the great debate about President Obama’s 2014 budget, which would impose a $3 million limit on retirement accounts, was a proposal to require small employers to offer an auto-IRA for those... Read More
BY John Ortman | 4/12/2013
During a Senate Finance Committee hearing April 11 to discuss President Obama’s fiscal year 2014 budget, Sen. Ben Cardin (D-MD) grilled Treasury Secretary Jack Lew on the president’s proposed $3... Read More
BY NAPA Net Staff | 4/11/2013
In this month's Washington Update video, NAPA's CEO/Executive Director Brian Graff slams two provisions in President Obama’s FY 2014 budget, which was submitted to Congress April 10. The first of... Read More
BY NAPA Net Staff | 4/10/2013
President Obama’s own pension, based on reasonable actuarial assumptions, is worth at least $5 million — 40% more than the small business retirement savings cap proposed in his fiscal year 2014... Read More
BY NAPA Net Staff | 4/5/2013
With the release of the Obama administration’s proposed budget expected next week, some details are beginning to leak out, including proposals that would impose new limits on individual retirement... Read More
BY NAPA Net Staff | 4/1/2013
Based on focus groups commissioned by a number of top DC providers and conducted with plan sponsors by EACH Enterprises, there seems to be considerable concern about state-run retirement plans.... Read More
BY NAPA Net Staff | 3/21/2013
In a Senate hearing held March 19 by Sens. Bill Nelson (D-FL) and Mike Enzi (R-WY) about allowing people who take out loans or hardship withdrawals to delay repayment until taxes are due, experts... Read More
BY NAPA Net Staff | 3/18/2013
It’s been nearly six months since California Gov. Jerry Brown signed into law that state’s landmark auto-IRA legislation, the California Secure Choice Savings Trust Act (SB 1234). (Judy Miller, ASPPA... Read More
BY NAPA Net Staff | 3/5/2013
After Day 2 of the 2013 NAPA/ASPPA 401(k) Summit, several themes have emerged in the presentations and off-the-cuff remarks by the conference’s featured speakers, especially on the topic of tax... Read More
BY NAPA Net Staff | 3/4/2013
If you think Washington’s struggle with the fiscal cliff back in December and the sequester brouhaha in recent weeks has derailed efforts on Capitol Hill to tackle tax reform, think again.That’s the... Read More
BY NAPA Net Staff | 2/25/2013
It looks like the so-called sequester — automatic cuts in government spending mandated by a 2011 budget compromise — is going to happen on March 1, says Brian Graff, Executive Director/CEO of NAPA... Read More
BY NAPA Net Staff | 1/29/2013
With Sen. Tom Harkin (D-Iowa) announcing his intent to retire when his term expires next year, will his proposals to reform the nation’s retirement system be more likely to pass as he works hard on... Read More
BY NAPA Net Staff | 1/15/2013
Now that we’ve put the fiscal cliff behind us, “a bigger cliff” lies ahead, says Brian Graff, Executive Director/CEO of NAPA and ASPPA. “Fiscal Cliff II: The Sequel” will come at the end of February... Read More
BY Brian Graff | 1/14/2013
Hardliners in the House of Representatives argue that America has maxed out on its credit card. But defaulting on a credit card payment only makes a bad situation worse. The idea of defaulting on our... Read More
BY NAPA Net Staff | 1/11/2013
Tired of hearing about the fiscal cliff yet? We are too. But while the American Taxpayer Relief Act (which "relieved" American taxpayers by raising their taxes) arguably may have been bad fiscal... Read More
BY NAPA Net Staff | 1/4/2013
Part of the deal that avoided the fiscal cliff allows eligible DC participants to more easily convert to a Roth IRA (free registration required). That put 401(k) plans front and center with the press... Read More
BY Brian Graff | 1/2/2013
As you have probably heard, late last night the House of Representatives approved the legislation passed by the Senate on New Year’s Eve encompassing a deal to avoid the expiration of the Bush tax... Read More
BY NAPA Net Staff | 12/21/2012
By Brian Graff, NAPA Executive Director/CEOAs the holiday approaches, I wish I had better news, but I'm afraid I do not. As you have likely heard, on Dec. 20 the Republican leadership withdrew its so... Read More