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Legislation

BY Ted Godbout | 1/5/2022
Senate Democrat leadership hoped to start fresh in 2022 with an attempt to revisit the nearly $2 trillion Build Back Better legislation, but that effort appears to have hit another snag. ... Read More
BY Ted Godbout | 12/15/2021
While the federal government has never defaulted, failure to lift the nation’s debt ceiling—a potential crisis now averted—could have had a significant impact not only financial markets, but a... Read More
BY Ted Godbout | 12/14/2021
As lawmakers frantically try to reach an agreement before the end of the year on the $1.7 trillion Build Back Better Act, the chairman of the Senate Finance Committee released a nearly 1,200-page... Read More
BY Brian Graff | 12/10/2021
It’s beginning to look like further action on the Build Back Better budget bill will be pushed back to 2022—which would probably delay the effective dates of two controversial retirement plan... Read More
BY Ted Godbout | 12/10/2021
Legislation supported by the American Retirement Association that would make permanent retirement plan tax relief measures following a presidentially declared disaster was introduced Dec. 9.... Read More
BY Ted Godbout | 11/19/2021
Capping a months-long process of negotiations among Democrats, the House approved an amended version of the roughly $1.7 trillion Build Back Better Act (H.R. 5376) Nov. 19 on a near party-line vote... Read More
BY Ted Godbout | 11/18/2021
Broker-dealers, investment advisers and issuers would be prohibited from including predispute mandatory arbitration clauses in their customer agreements under legislation approved by the House... Read More
BY Ted Godbout | 11/16/2021
President Biden on Nov. 15 signed into law the $1.2 trillion infrastructure legislation that includes new reporting requirements for digital assets, additional pension smoothing relief and clarifies... Read More
BY Ted Godbout | 11/11/2021
Bipartisan retirement security legislation that shares some overlap with the SECURE Act 2.0—and is supported by the American Retirement Association—has been approved by a key House committee. ... Read More
BY Ted Godbout | 11/8/2021
New reporting requirements for digital assets and additional pension smoothing relief are headed for enactment under the bipartisan infrastructure legislation passed by the House of... Read More
BY Ted Godbout | 11/8/2021
The chairman and ranking member of the House Education and Labor Committee have introduced—and plan to act on—bipartisan legislation that shares some overlap with SECURE Act 2.0. The Retirement... Read More
BY Nevin E. Adams, JD | 11/3/2021
Like a vampire arising from its recent interment, limits on so-called “Mega” Roths and in-plan Roth conversions have reemerged in the latest round of legislative sausage-making. Just last week... Read More
BY Ted Godbout | 11/1/2021
The House of Representatives approved bipartisan legislation last week that would give the financial industry better tools to address suspected financial exploitation of seniors.  On a Oct.... Read More
BY NAPA Net Staff | 10/28/2021
Lawmakers have continued to strip elements from the Build Back Better Act—and a series of sweeping retirement-related provisions have now all been axed. While most of the news coverage on what was... Read More
BY Ted Godbout | 10/27/2021
A key House lawmaker has introduced legislation that would increase Social Security benefits for various recipients and make other reforms to the system, including a payroll tax increase. ... Read More
BY Ted Godbout | 10/19/2021
Legislation that would increase Social Security benefits through various reforms to the system, including a payroll tax increase, is set to be reintroduced in the House of Representatives. ... Read More
BY Nevin E. Adams, JD | 10/1/2021
One of the key retirement provisions in the Build Back Better Act (approved by the House Ways & Means Committee on Sept. 15) targets the use of Roth IRAs by high-income individuals and/or those... Read More
BY Nevin E. Adams, JD | 9/27/2021
One of the key retirement provisions in the Build Back Better Act (approved by the House Ways & Means Committee on September 15) targets the use of Roth IRAs by high-income individuals and/or... Read More
BY Ted Godbout | 9/22/2021
Touted as a way to help gig workers, part-time workers and those without access to an employer-sponsored account, legislation has been introduced in both the House and Senate to create universal,... Read More
BY Robert Richter | 9/22/2021
Editor’s Note: The House Ways and Means Committee recently approved funding provisions for the Build Back Better Act of 2021, including   several retirement plan provisions (... Read More
BY Robert Richter | 9/22/2021
Editor’s Note: The House Ways and Means Committee recently approved funding provisions for the Build Back Better Act of 2021, including   several retirement plan provisions (... Read More
BY Robert Richter | 9/21/2021
Editor’s Note: The House Ways and Means Committee recently approved funding provisions for the Build Back Better Act of 2021, including several retirement plan provisions (starting on page... Read More
BY Ted Godbout | 9/16/2021
Mega-Roth, backdoor IRAs and large retirement account balances would be limited under legislation approved Sept. 15 by the House Ways and Means Committee. In a near party-line vote of 24-19, the... Read More
BY Ted Godbout | 9/13/2021
The House Ways and Means Committee has revealed that it intends to partially pay for the $3.5 trillion reconciliation bill through a series of limitations on upper-income individuals’ retirement... Read More
BY John Ortman | 9/12/2021
The retirement provisions in the Democrats’ Build Back Better legislation could create the biggest influx of plans and participants in the history of the retirement industry, industry leader Brian... Read More

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