Tag: congress

Lawmakers found bipartisan ground on retirement-plan and small-business financing reform, but split sharply over private markets, crypto oversight and risks...

The legislation would put caps on and require distributions for people with massive balances.

The legislation mirrors a House proposal that has already advanced out of committee, aiming to streamline annual retirement plan reporting.

The bipartisan commission typically makes recommendations, but Congress would have to craft the policy.

The legislation has stalled in the Senate, as other policy priorities loom before the August recess and midterm elections.

Republicans touted direct contracting as a way to lower employer healthcare costs, while Democrats warned that Medicaid and ACA reductions...

According to the trade groups, the legislation should anchor a Senate package aimed at both strengthening capital formation and protecting...

The National Association of Christian Lawmakers joined the growing campaign to allow lower-cost investment vehicles in nonprofit retirement plans.

Wait times and claim backlogs took center stage as the Social Security commissioner touted the quality of service, but Democrats...

Lawmakers say the ‘Charity Parity Act’ would eliminate extra costs and paperwork for direct donations from workplace retirement accounts. 

Rapid growth reflects expanded tax advantages, recent investment gains and concern about rising health costs.

Lawmakers from both parties said pharmacy benefit managers and consultants who advise employers may be profiting from opaque arrangements that...

The head of the Employee Benefits Security Administration defended his push for fewer litigation burdens and more health plan transparency.

The bills would expand IRA access and catch-up savings options for millions who leave the workforce to care for loved...

Republicans say the measure would curb ‘frivolous’ ERISA litigation; Democrats warn it could weaken workers’ ability to challenge mismanagement of...

The recent federal appropriations act, which ended a brief partial government shutdown, included pharmacy benefit manager reforms.

The legislation follows President Donald Trump stating he was not a fan of the proposal. 

Despite previous proposed cuts, under the latest version, the agency would receive the same funding as last year.

The legislation would alter the standard for fiduciaries considering environmental, social and governance when making investment decisions.

Witnesses from both industry and academia urged Congress to expand retirement income options in 401(k)s — while calling for clear guardrails and...