Tag: congress

The bill, which includes more than 20 measures that had progressed out of committee, would ‘level the playing field’ for investments in plans serving educators and nonprofit employees. 

Senators and witnesses engaged in a wide-ranging, hour-long debate on the future of saving. 

According to the bill’s authors, it would enable retirees to consolidate their assets and simplify their retirement savings.  

The bill features more than 20 measures that have successfully progressed out of committee. 

Lawmakers also introduced a bill to ease retirement savings for seniors. 

The legislation would solidify the guidance offered during President Donald Trump’s first term that fiduciaries must only consider “pecuniary” factors.

The legislation would codify the executive order issued by President Donald Trump in August.

The legislation continues to receive bipartisan support, with one of the bills recently advancing out of committee in the House. 

The bills, lacking Republican co-sponsors, are unlikely to pass, but are meant to address the financial hardship faced by federal...

The funds are intended to support education, home purchases or new businesses, but not until participants turn 18.

Funding will run dry if Congress does not agree to a funding resolution before October 1.

Nine Republican members of the House Committee on Financial Services published a latter to the agency requesting quick guidance.

The legislation clarifies language to help workers determine when to claim benefits.

Two of the measures target the DOL’s audit process, and another addresses ESOP valuation risks.

The legislation attempts to move lost savings closer to workers who might be able to claim them by directing them...

The legislation would allow certain military retirees and disabled veterans to continue contributing to their Thrift Savings Plan accounts after...

The legislation, introduced in the Senate in May, would allow employees younger than 21 to participate in their company’s 401(k)...

Congress has introduced two bills this year regarding the agency’s practices. 

The legislation would mirror benefits offered to for-profit entities under the SECURE Act. 

Lawmakers will consider the issue following introduction of a string of bills this week to provide portable benefits to gig...