The 2,700-page bipartisan infrastructure bill that the Senate is considering this week includes another extension of pension smoothing for single-employer plan sponsors.
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Legislation
BY Ted Godbout | 7/30/2021
A key House committee has approved legislation that would limit the exemption provided for family offices from the definition of an investment adviser for purposes of registering with the Securities... Read More
BY Ted Godbout | 7/29/2021
In testimony before the Senate Finance Committee on July 28, Brian Graff, CEO of the American Retirement Association and Executive Director of NAPA, cited projections that enactment of new... Read More
BY Ted Godbout | 7/23/2021
Sen. Patty Murray (D-WA), who is chair of the Senate Health, Education, Labor and Pensions (HELP) Committee, along with Rep. Lauren Underwood (D-IL), have reintroduced legislation to bolster and... Read More
BY Ted Godbout | 7/22/2021
Brian Graff, CEO of the American Retirement Association and Executive Director of NAPA, is set to appear next week before Congress to advocate for the retirement policy priorities of the ARA.
The... Read More
BY Ted Godbout | 7/22/2021
The chairman of the Senate Finance Committee has reintroduced legislation that seeks to significantly expand the impact of the Saver’s Credit to help middle-class families save for retirement.
The... Read More
BY Ted Godbout | 7/21/2021
New proposed legislation by the chairman of the Senate Finance Committee would expand the pass-through deduction under Internal Revenue Code Section 199A and might be of some help to plan advisors,... Read More
BY Ted Godbout | 7/14/2021
The leaders of the House Ways and Means Committee’s Racial Equity Initiative (REI) are calling for changes to expand retirement plan coverage that could emerge as part of a trillion-dollar... Read More
BY NAPA Net Staff | 7/12/2021
Legislation that would recalibrate annual cost-of-living adjustments for Social Security has been introduced in the U.S. House of Representatives.
The “Fair COLA for Seniors Act of 2021” (H.R.... Read More
BY John Iekel | 6/30/2021
There is plenty of activity on Capitol Hill, but it comes amid a climate that creates challenges for the retirement industry, NAPA Executive Director Brian Graff noted June 29. Graff... Read More
BY Ted Godbout | 6/25/2021
Bipartisan legislation has been introduced in the House and Senate to restore the delivery of annual Social Security projected benefit statements.
Introduced by Senate Finance... Read More
BY Ted Godbout | 6/24/2021
Witnesses testifying before a House panel agreed that more needs to be done to address the current retirement savings coverage gap, but they diverged on what those solutions should entail. ... Read More
BY Ted Godbout | 6/17/2021
Publicly traded companies would be required to disclose to shareholders certain environmental, social, and governance (ESG) metrics under legislation narrowly approved by the House of... Read More
BY NAPA Net Staff | 6/9/2021
Two bills have been introduced in the U.S. Senate designed to help Americans keep—and have more control over—their retirement savings.
Sen. John Kennedy (R-LA) introduced the Keeping Your... Read More
BY Ted Godbout | 6/2/2021
The American Retirement Association has offered its support for newly introduced legislation that would provide a penalty-free “emergency distribution” option from employer-sponsored retirement... Read More
BY NAPA Net Staff | 6/1/2021
A group of House Democrats has reintroduced a bill “to protect and increase sustainable investments.”
Reps. Andy Levin (MI), a member of the House Education & Labor Committee and member of the... Read More
BY Ted Godbout | 6/1/2021
President Biden on May 28 released a $6 trillion budget proposal, the first of his presidency, that calls for dramatically boosting federal government spending levels, financed, in part, by tax... Read More
BY Ted Godbout | 5/27/2021
The ranking Republican member of the House Ways & Means Committee has put forward a new Family Savings Account proposal that seeks to support the needs of families, but would fall outside the... Read More
BY Ted Godbout | 5/25/2021
Bipartisan legislation creating a national lost-and-found database to help plan participants keep track of their retirement accounts has been introduced once again, but the bill’s prospects may be... Read More
BY Ted Godbout | 5/21/2021
In what may be their final act teaming up on retirement security legislation, the bipartisan duo of Sens. Rob Portman (R-OH) and Ben Cardin (D-MD) on May 21 reintroduced their Retirement Security and... Read More
BY Ted Godbout | 5/21/2021
Legislation has been introduced in both the House and Senate that seeks to provide legal certainty to 401(k) plans that choose to consider environmental, social and governance (ESG) factors in their... Read More
BY NAPA Net Staff | 5/20/2021
Legislation backed by the American Retirement Association that would “make improvements so that more organizations and small businesses can participate in multiple employer plans (MEPs)” has been... Read More
BY Ted Godbout | 5/14/2021
Witnesses testifying before a Senate panel called on Congress to address the retirement savings coverage gap, racial disparities and emergency savings, as well as other key retirement security issues... Read More
BY Ted Godbout | 5/13/2021
Touted as a way to help investors make better-informed decisions, legislation approved by the House Financial Services Committee would require public companies to start disclosing... Read More
BY Ted Godbout | 5/5/2021
The “SECURE Act 2.0” legislation that the House Ways & Means Committee will mark up May 5 includes several new provisions, including those championed by the ARA, as well as changes to some of the... Read More
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