House Bill Seeks Increased Oversight of Federal Retirement Thrift Investment Board
The legislation would establish an independent inspector general for the agency that administers the retirement plan for more than 7...
Tag: congress
Benefits |
What to Know About Proposed ‘MAGA’ Accounts
Included in House Republicans’ ‘Big Beautiful Bill’ are investment accounts promoting financial security for American children.
Sweeping Republican Tax Bill Leaves Retirement Policy Mostly Untouched
The 389-page House bill includes expanding ABLE accounts, college savings and health savings accounts, while adding new ‘MAGA’ accounts for...
Lawmakers Ask SEC to Delist Chinese Stocks From US Exchanges
In a letter to the SEC, senators and representatives wrote that a ban would remove an ‘unacceptable risk’ and protect...
Benefits |
Bill Would Expand Definition of Federal Law Enforcement for Retirement Purposes
The legislation, referred to the House Committee on Oversight and Government Reform, comes after the panel advanced a measure to...
House Republicans Advance Plan to Cut Federal Employee Pensions
The measure passed the House Oversight Committee mostly along partisan lines and is expected to move to the Budget Committee.
Senate HELP Committee Chair Recommends Reforms to Drug-Pricing Program
A 195-page report from Senator Bill Cassidy called for major reforms, insisting low-income patients are not benefiting from intended benefits....
House Republicans Draft Cuts to Federal Employee Pensions
The changes would cause many government workers to contribute more, while receiving reduced benefits.
PBGC Seeks $1 Million+ in Liability Payments From Pension Plan in Trusteeship
The Pension Benefit Guaranty Corporation is seeking damages from a construction company after the PBGC took over its terminated pension...
Taft-Hartley Plan Wants Back $220M Partial Pension Withdrawal
Boilermaker-Blacksmith National Pension Trust claims arbitrator Richard C. McNeill Jr. incorrectly ruled that GE satisfied the building and construction industry...
Benefits |
EBSA’s Lisa Gomez Talks DOL 2024 Agenda
The Department of Labor keeps working to implement provisions of 2022’s SECURE 2.0 Act alongside further rules for retirement and...
UnitedHealth Group Insurance TPA, UMR Sued by DOL
The Department of Labor’s complaint may indicate health care regulations are going the way of rules for retirement plans.
Biden Signs Debt Ceiling Bill, Averting Government Default
President Joe Biden signed the bill into law on Saturday, suspending the debt ceiling until 2025.
Senate Passes Debt Ceiling Bill After Day of Debate
The bill passed by a vote of 63 to 36 to avoid a June 5 default by the federal government.
NAGDCA Asks for More Time on Roth Catch-Ups, Again
Government plans will struggle to comply with SECURE 2.0 because of their administration requirements.
SECURE 2.0 Accidentally Dropped Catch-Ups, But Industry is On the Case
Legislators seem to have dropped a section from the final version of SECURE 2.0 that nullifies catch-up contributions in retirement...