Browsing Tag
Congress
31 posts
Americans Pessimistic About Congress’ Urgency to ‘Fix’ Social Security
A new survey conducted right after the Nov. 3 presidential election found most Americans think Social Security would…
Congress to Vote on Revamp for Poorly Performing PPP
Widespread criticism of the Paycheck Protection Program (PPP) has Congress reportedly looking for fixes (and votes) that could…
Waived: 2020 RMDs, Early 401(k) Withdrawal Penalty If (When?) Coronavirus Relief Bill Passes
While some Republicans in Congress are threatening to block a $2 trillion federal stimulus package—the largest bailout in…
More Calls for Congress to Provide COVID-19-Related Retirement Plan Relief
Hey Congress—a little help, please? The National Association of Government Defined Contribution Administrators (NAGDCA) today called upon Congress…
SECURE Act Sucks Life from Stretch IRAs
Survival 101 means we freeze in the face of uncertainty, which applies to spending and saving. Witness the…
Policy Shift: ACLI Backs Auto Enrollment in 401k Plans
A pro-business trade association like the American Council of Life Insurers doesn’t typically endorse the addition of an…
Why Current 401(k) MEP Mania Should Cool
It seems everyone is all-in on the need for multiple employer plans (MEP)—politicians, pundits and certainly industry professionals.…
Yes, Trump is Very Good for Your 401(k) (So Far)
It’s hard to tie a booming economy to the health of each individual’s retirement account, but few would…
Why State-Run Retirement Plans Are Bad
Conservative scholar and retirement-crisis contrarian Andrew Biggs took to the pages of The Washington Post to decry government-sponsored…
Congressional Bill Increases Annuity Use in 401ks
Recently-introduced legislation to increase so-called lifetime income options (annuities) in 401k and similar retirement plans specifically notes that…