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
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Legislation
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
BY Ted Godbout | 5/5/2021
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
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
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