The bill, which builds on the 2019 SECURE Act and includes several provisions advanced by the American Retirement Association, now goes to the House floor for a vote.
The House Ways &... Read More
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Legislation
BY NAPA Net Staff | 5/3/2021
Reps. Jimmy Panetta (D-CA) and Jodey Arrington (R-TX) introduced legislation—a proposal championed by the American Retirement Association—in the U.S. House April 27 that would modernize current tax... Read More
BY Ted Godbout | 5/3/2021
Tomorrow the U.S. House Ways & Means Committee will be focusing on a markup of what’s been called SECURE 2.0, legislation that includes a number of key provisions championed by the American... Read More
BY Ted Godbout | 4/29/2021
The American Retirement Association has offered its support for newly introduced legislation that seeks to help employees save for retirement as they repay their student loans.
The... Read More
BY Ted Godbout | 4/28/2021
Positioning it as a way to reward work and not wealth, President Biden has released an outline of his tax reform plan that includes a capital gains tax increase, as well as increases to high-income... Read More
BY Ted Godbout | 4/28/2021
While there’s no sign of anything specifically retirement-related in the materials shared thus far, the tax plan that President Joe Biden released April 28 would impose significant tax increases... Read More
BY Ted Godbout | 4/21/2021
It’s back! A legislative proposal has reemerged in Congress seeking to use proceeds from a tax that would hit retirement savings to pay for making public colleges and universities tuition-free.... Read More
BY Ted Godbout | 4/20/2021
A new survey of plan sponsors—mainly small employers—finds broad-based support for several provisions, but only lukewarm support for others.
The latest quarterly Principal Retirement Security... Read More
BY NAPA Net Staff | 4/19/2021
A bipartisan, bicameral group of U.S. legislators has introduced legislation focused on shoring up Social Security.
The group has introduced legislation (the Time to Rescue United States’ Trusts (... Read More
BY Ted Godbout | 4/19/2021
Investors should be free to choose arbitration to resolve disputes or pursue remedies in court should they view that option as superior to arbitration, under legislation reintroduced in both the U.S... Read More
BY Ted Godbout | 4/14/2021
Rep. Kevin Brady, the Ranking Republican member of the powerful House Ways & Means Committee, announced April 14 that he will not seek reelection in 2022.
“I have an announcement. And I... Read More
BY Ted Godbout | 3/25/2021
About those American Retirement Association-based credentials you’ve been putting off—bipartisan legislation was just introduced that would make it easier to pay for them.
Rep. Abigail... Read More
BY Ted Godbout | 3/25/2021
Update: President Biden signed the Paycheck Protection Program Extension Act of 2021 (H.R. 1799) into law on March 30, 2021.
Demonstrating broad, bipartisan support for the program, the U.S... Read More
BY Ted Godbout | 3/24/2021
With the multiemployer relief legislation cleared from Congress’ docket, look for policymakers to turn to efforts to expand retirement plan coverage, ARA staff explained during a March 23 NAPA... Read More
BY Ted Godbout | 3/17/2021
With the program set to expire in two weeks and lawmakers citing delays in processing existing applications, the House of Representatives approved legislation to extend it further.
Approved... Read More
BY Ted Godbout | 3/12/2021
Only one day after the House of Representatives gave final approval, President Biden on March 11 signed the $1.9 trillion COVID relief bill into law.
The 600-plus page American Rescue Plan... Read More
BY Ted Godbout | 3/12/2021
With an end-of-March deadline looming, a bipartisan group of lawmakers in the House of Representatives and U.S. Senate introduced legislation to further extend the program.
Introduced in the... Read More
BY Ted Godbout | 3/10/2021
After a brief volley between the two chambers and some late nights, the House of Representatives on March 10 gave final approval to the $1.9 trillion COVID relief bill, which includes the Butch Lewis... Read More
BY Ted Godbout | 3/8/2021
Following a marathon session that literally went all night, on March 6 the Senate passed an amended version of the $1.9 trillion COVID relief bill that removed the COLA freeze to plan limits, while... Read More
BY Ted Godbout | 3/4/2021
[UPDATED MARCH 5 AT 9:00 A.M. ET]
Following weeks of intensive lobbying, the American Retirement Association has gotten a provision pulled from the COVID relief bill that could have undermined... Read More
BY Ted Godbout | 3/3/2021
Two Republican members of the House of Representatives have reintroduced legislation that pushes back on state and local efforts to impose harmful financial transaction taxes (FTTs) that would impact... Read More
BY Ted Godbout | 3/2/2021
Making good on a past promise, the newest member of the Senate Finance Committee has introduced legislation to impose a wealth tax on so-called “ultra-millionaires.”
Sen. Elizabeth Warren (D-MA)... Read More
BY Ted Godbout | 2/28/2021
The House of Representatives in the early hours of the past weekend approved a nearly $2 trillion COVID-stimulus bill, including a freeze to retirement plan contribution limits.
The Butch... Read More
BY Andrew Remo | 2/17/2021
Five years after it was first introduced, the initiative to create a state-based retirement program for the private workforce in the Commonwealth of Virginia has taken a major leap forward—with a key... Read More
BY Ted Godbout | 2/12/2021
As part of the push to enact a nearly $2 trillion stimulus bill, the House Ways & Means Committee moved forward Feb. 11 with a proposal to freeze retirement plan contribution limits to help... Read More
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