The 389-page House bill includes expanding ABLE accounts, college savings and health savings accounts, while adding new ‘MAGA’ accounts for kids and deductions for seniors.
In a letter to the SEC, senators and representatives wrote that a ban would remove an ‘unacceptable risk’ and protect American markets, investors and security.
Nationwide Retirement hires a divisional sales manager; Manulife John Hancock Investments names a retirement investment consultant; Seyfarth Shaw names new corporate practice leaders; and more.
The commission clarified what applies when a 401(k) plan participant subject to insider trading rules sells company stock through a self-directed brokerage window.
Integrated Partners implements fraud tools to protect clients; World Investment Advisors gets access to Pontera’s platform; Pacific Life’s workforce benefits integrates with bswift; and more.
The legislation, referred to the House Committee on Oversight and Government Reform, comes after the panel advanced a measure to cut federal employee pensions last week.
The proposed cuts include eliminating workforce training by roughly one-third and removing both Job Corps and the Senior Community Service Employment Program.