A key House Republican has released a discussion draft of financial data privacy legislation that could impact how retirement plan providers and administrators collect and share consumers’ ... Read More
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Legislation
BY Ted Godbout | 6/22/2022
Paving the way for a year-end deal with the House of Representatives, one of the most powerful committees in the U.S. Senate has advanced comprehensive retirement reform legislation that... Read More
BY Ted Godbout | 6/20/2022
The Senate Finance Committee on June 17 released the Enhancing American Retirement Now (EARN) Act, its counterpart to the House-passed SECURE 2.0—a massive piece of legislation that... Read More
BY Ted Godbout | 6/16/2022
The debate over including cryptocurrency in retirement plans continued this week, as the Labor Department now appears ready to up the ante and a key lawmaker on Capitol Hill is asking questions.... Read More
BY Nevin E. Adams, JD | 6/16/2022
Bipartisan legislation introduced in the U.S. Senate June 15 seeks to stem retirement plan leakage, backing auto-portability and a tax credit for adopting employers.
The Advancing Auto... Read More
BY Ted Godbout | 6/16/2022
Bipartisan legislation that would make it easier for small businesses to offer retirement plans and that has the backing of the American Retirement Association has been introduced in the House of... Read More
BY Ted Godbout | 6/14/2022
Legislation that builds off the House-passed SECURE Act 2.0 bill and includes provisions advanced by the American Retirement Association has taken an important step in the Senate.... Read More
BY NAPA Net Staff | 6/13/2022
Legislation introduced in the Senate June 8 would encourage steps to increase participants’ understanding of plan fees and expenses could wind up in the RISE & SHINE Act.
The “Savvy Savers Act... Read More
BY Ted Godbout | 6/10/2022
Coming on the heels of the latest trustees’ report showing that Social Security faces long-term funding problems, legislation has been introduced in both the House and Senate that seeks to expand... Read More
BY Ted Godbout | 6/8/2022
The Senate Health, Education, Labor and Pensions (HELP) Committee is set to move forward on legislation intended to build off the House-passed SECURE Act 2.0.
After formally introducing the “... Read More
BY Ted Godbout | 5/27/2022
In an opening bid by the Senate, the chair and ranking Republican of the Senate Health, Education, Labor and Pensions Committee have released a discussion draft of legislation that builds off the... Read More
BY NAPA Net Staff | 5/26/2022
Sens. Todd Young (R-IN) and Cory Booker (D-NJ) have introduced legislation that they say would “facilitate convenient and affordable access to workplace emergency savings accounts, improving... Read More
BY Ted Godbout | 5/19/2022
The American Retirement Association is strongly opposed to legislation moving through Congress that would prohibit arbitration of claims and discretionary clauses in all ERISA covered retirement... Read More
BY Ted Godbout | 5/16/2022
Two Senate bills have been introduced and a bicameral working group formed that seek to ease the administrative burdens for small businesses, as well as expand access to those without an employer-... Read More
BY John Iekel | 5/13/2022
Legislation before the U.S. Senate seeks to ensure that terminated vested participants and their beneficiaries are well-informed regarding how they receive payments.
The Information Needed... Read More
BY NAPA Net Staff | 4/27/2022
Bipartisan legislation backed by the American Retirement Association would allow the expenses associated with plan design changes to be reimbursed from plan assets.
The Increasing Small... Read More
BY Ted Godbout | 4/27/2022
A new survey finds that 6 in 10 U.S. adults who took on student loan debt for their education delayed a major financial decision because of this debt, but Congress may provide some relief with... Read More
BY Nevin E. Adams, JD | 4/26/2022
Perhaps because of the full moon last week, the nation’s 401(k) “haters” were out in force.
Yes, last week we were “treated” to a Bloomberg op-ed with ideas on how to “fix” America’s... Read More
BY Nevin E. Adams, JD | 4/12/2022
Thanks to their mother, my kids have grown up with a variety of pets in our house—but none more bizarre than our experience with… a chicken.
My son’s elementary school class had been exposed to... Read More
BY John Iekel | 4/6/2022
The House Education and Labor Committee reported the Protecting America’s Retirement Security Act April 5, sending the bill to the House floor for a vote.
The committee voted 29-21 to... Read More
BY John Iekel | 4/6/2022
The American Retirement Association expressed its opposition to the Protecting America’s Retirement Security Act (PARSA) in an April 5 letter to lawmakers. “Our opposition to this... Read More
BY Ted Godbout | 4/4/2022
The House of Representatives’ overwhelming passage last week of the Securing a Strong Retirement Act (H.R. 2954, a.k.a SECURE 2.0) helps set the stage for action by the U.S. Senate later this... Read More
BY Ted Godbout | 3/30/2022
March 29 was a busy day on Capitol Hill—in addition to the House of Representatives approving SECURE Act 2.0, the Senate Health, Education, Labor and Pensions (HELP) Committee held a hearing on... Read More
BY Ted Godbout | 3/30/2022
After waiting for nearly a year, legislation that builds off the original SECURE Act and is supported by the American Retirement Association was approved March 29 by the House of Representatives.... Read More
BY Ted Godbout | 3/30/2022
A bipartisan bill introduced in the U.S. Senate March 30 would make it easier for small businesses to offer retirement plans for their employees.
The Starter-K Act of 2022 (S. 3955)was... Read More
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