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Legislation

BY Ted Godbout | 9/10/2021
The House Ways and Means Committee has approved the retirement subtitle of the Build Back Better Act, legislation supported by the American Retirement Association as a way to help close the coverage... Read More
BY Ted Godbout | 9/8/2021
Noting that it would add trillions of dollars in retirement savings and would help close the coverage gap, the American Retirement Association has offered its support for the retirement provisions... Read More
BY Ted Godbout | 9/7/2021
The House Ways and Means Committee this week will consider legislation requiring employers without employer-sponsored retirement plans to automatically enroll their employees in IRAs or 401(k)-type... Read More
BY Ted Godbout | 8/25/2021
While it is still early in the legislative process, passage of the $3.5 trillion budget resolution sets the stage for broader action next month that could include retirement policy changes. The... Read More
BY Ted Godbout | 8/17/2021
Sens. Todd Young (R-IN) and Cory Booker (D-NJ) have reintroduced several bills to help boost retirement security for individuals and families.  Citing data by the U.S. Department of Labor... Read More
BY Ted Godbout | 8/11/2021
The Senate wrapped up its work for the summer Aug. 10, approving a $1.2 trillion infrastructure bill that extends pension smoothing relief for single-employer plan sponsors, as well as a $3.5... Read More
BY Ted Godbout | 8/6/2021
The chairman of the powerful Senate Finance Committee has introduced legislation to close the carried interest loophole to “ensure hedge fund managers and private equity CEOs pay their fair share in... Read More
BY Nevin E. Adams, JD | 8/3/2021
Some numbers were put in front of the Senate Finance Committee last week—numbers that even the chairman of that powerful body called “jaw-dropping.” The numbers were 51 million and $6.2 trillion—... Read More
BY Ted Godbout | 8/3/2021
The American Retirement Association has endorsed new bipartisan legislation that would make permanent retirement plan tax relief measures that automatically kick in following a presidentially... Read More
BY Ted Godbout | 8/2/2021
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.  Like the pension... Read More
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

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