Browsing Tag
Joe Biden
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Joe Biden was the 46th President of the United States. A Democrat, he was Vice President under Barack Obama from 2009 to 2017 and represented Delaware in the U.S. Senate for 36 years. Born in 1942, Biden is known for his long political career, focus on unity, foreign policy experience, and efforts on healthcare, climate change, and rebuilding the economy.
NYC Millionaires to Pay Highest Tax Rate in U.S.
New York City millionaires will soon be subject to the country’s highest tax rate in the wake of a 2022 budget deal, surpassing California.
Retirees Unhappy With 2021 Social Security COLA ‘Boost’
That 2021 Social Security cost of living adjustment (COLA) increase of 1.3% isn’t keeping up with real-world cost…
Biden’s ‘Historic’ Spending Plans Could Spur Rush to Roths
There could be a “cause and effect” in play in the retirement market as President Joe Biden unveiled…
Biden Ponders Major Tax Hikes for Corporations, Wealthy
Financial advisors’ antennae are up on news this week that President Joe Biden may be planning the first…
Biden SEC Chair Nominee Gensler One Step from Confirmation
The Senate Banking, Housing, and Urban Affairs Committee voted 14-10 today to advance President Joe Biden’s nomination of…
Freeze on 401(k) Contribution COLAs Removed from Stimulus Bill: ARA
The American Retirement Association announced Thursday that, after a week of intense lobbying by the industry advocacy organization, the freeze…
Biden’s DOL to Implement Trump Fiduciary Rule
The Department of Labor announced that it will allow a Trump-era exemption for investment advice fiduciaries to move…
What Labor Nominee Walsh Means for the Fiduciary Rule’s Future
On January 7, 2021, President-elect Joe Biden named Boston Mayor Martin Walsh as his nominee for Secretary of…
Biden Taps ‘Tenacious Regulator’ Gensler to Lead SEC
Gary Gensler SEC nomination signals tougher Wall Street oversight and stronger investor protection under the Biden administration.
Biden Rumored to Pick Gary Gensler as SEC Chairman
President-elect Joe Biden is expected to choose Gary Gensler, a former financial regulator, and Goldman Sachs executive, to…