Browsing Tag
Congress
31 posts
House, Senate Resolutions Introduced to ‘Disapprove’ DOL Fiduciary Rule
Resolution of disapproval under the Congressional Review Act filed today seeks to invalidate final rule set to take effect in September
IRI Releases 2024 Retirement Security Blueprint Featuring 33 Legislative Proposals
Among the recommendations includes those on expanding retirement savings opportunities and facilitating usage of annuity products
3 Key Fixes in New SECURE 2.0 Technical Corrections Bill
While CITs in 403(b)s remain in limbo, issues with catch-up contributions, Starter Ks and RMDs would be solved—if the bill can find a larger vehicle to attach itself to
House GOP Fails to Override Biden ESG Veto
The Republican-led House failed to meet a two-thirds majority vote that would override President Biden's first veto
Senate Strikes Down DOL ESG Rule
The Senate voted 50-46 to block the Department of Labor’s ESG rule that would allow plan fiduciaries to invest retirement accounts in sustainable factors
Is Congress Mad? Are You?
SECURE 2.0 adds a variety of new leakage opportunities, Jack Towarnicky argues. Congress has made up its mind. Your turn.
SECURE 2.0 Could Potentially Pass After the Holiday Season
As legislators run out of time to pass the retirement reform bill, Principal’s Lance Schoening reviews all the dates left for SECURE 2.0 to pass
TSP-Like ‘Retirement Savings for Americans Act’ Introduced with Eye on 2023
Bill from bipartisan, bicameral Congressional working group aims for 2023 consideration with effort to expand retirement savings access for low- and middle-income workers
What Midterm Election Results Could Mean for Retirement Policy
The Nov. 8 midterm election will likely shape the future for Social Security and Medicare programs
Bipartisan ‘Starter-K’ Retirement Bill Introduced in the House
The bill directs the Department of Labor to provide simplified reporting for the plans