Results for "legislation"

Displaying 2,117 results

Sort: Date | Relevance

Author:

Tax reform could be expensive for middle class

September 18, 2017

Here's what we know about the details of the tax reform plan: almost nothing. Powerful lawmakers are promising at least a framework for the overhaul by the end of the month. The broad goals are lower rates for corporations and individuals, a...

Nevada fiduciary law raises concerns among retirement professionals, brokerage industry

September 18, 2017

A new Nevada law expanding the fiduciary responsibilities of certain financial professionals could have implications well beyond the border of the Silver State, supporters and critics agree — for significantly different reasons. Enacted in...

Opponents of shifting to Roth plans speak up in Senate

September 15, 2017

Sen. Sherrod Brown, D-Ohio, promised "one hell of a fight" if tax reform negotiators consider shifting retirement savings tax incentives to Roth accounts instead of 401(k) plans, as a way to pay for corporate tax cuts. Speaking at a Senate Finance...

Muni bonds' tax break looks safe for now

September 13, 2017

Donald J. Trump and Treasury Secretary Steven Mnuchin have expressed support for maintaining the tax break on municipal bonds. The market takes them at their word. As the Republican president embarks on a push for tax cuts, top-rated state and...

Congress likely to 'push down' the priority of killing DOL fiduciary rule

September 7, 2017

A main congressional opponent of the Department of Labor's fiduciary rule said Thursday that Capitol Hill's swelling political agenda will decrease the priority level of taking up legislation to kill the rule. "Right now, you've got a debt-ceiling...

How financial advisers can take advantage of tax reform uncertainty

August 24, 2017

All eyes are on the prospect of tax reform as congressional Republicans push hard to deliver on one of their most coveted policy goals. While their ability to achieve tax reform is far from certain, there are strategies financial advisers can...

Washington dysfunction looms over markets as September approaches

August 24, 2017

Most investors and advisers try to steer clear of politics. But two big events — a possible government shutdown and a potential default — could make the markets choppy in the next few months, and it's probably best if advisers brief their...

Industry groups opposing DOL fiduciary rule maximize spending on author of bill to kill measure

August 4, 2017

Several financial industry trade associations that oppose the Labor Department's fiduciary rule have maximized their campaign spending on the author of legislation that would kill the rule. In the first half of year, the Financial Services Institute,...

Bannon proposal to raise top tax rate dismissed by White House official

July 31, 2017

A top income-tax rate of 44 percent for Americans earning more than $5 million per year isn't under consideration, a White House official said Monday, knocking down a proposal said to be backed by top Trump adviser Steve Bannon. "I don't think...

More advisers disapprove of Trump job performance at six-month mark

July 27, 2017

Financial advisers are increasingly dismayed by President Donald J. Trump's performance in office, as he begins the second half of his first year. An InvestmentNews poll of 991 readers shows that 59% either "disapprove" or "strongly disapprove"...

Bannon plan to raise taxes on highest earners may find GOP support

July 27, 2017

White House chief strategist Steve Bannon's plan to raise the top income-tax rate for America's highest earners could find some support among congressional Republicans as part of a populist message to sell a broader tax overhaul, according to...

Sen. Gary Peters brings broker background to work every day on Capitol Hill

July 25, 2017

Sen. Gary Peters, D-Mich., has always had some concerns about the Labor Department's fiduciary rule, but that doesn't mean he wants to see the Trump administration rip it up and start over. Mr. Peters' position represents the challenge financial...

House committees ready two assaults on DOL fiduciary rule this week

July 17, 2017

Two House panels are poised this week to launch assaults on the Labor Department's fiduciary rule. On Wednesday, the House Education and the Workforce Committee will vote on legislation that would repeal the regulation and replace it with an...

Promises by Congress to protect retirement-savings incentives don't ease advocates

July 12, 2017

A recent promise by House Speaker Paul Ryan to protect incentives for retirement savings hasn't completely set advocates at ease, as they worry about lawmakers coveting the potential revenue that could be generated by curbing such tax breaks....

GOP to keep Obamacare taxes on wealthy in latest health-care bill: sources

July 11, 2017

Senate Republican leaders dropped provisions that would repeal two taxes on high earners in a revised draft of their health-care bill sent to the Congressional Budget Office, according to GOP senators. Republican leaders are now planning to...

Tax reform uncertainty grows as congressional calendar shrinks

July 10, 2017

Congress returns from its mid-summer break Monday for a crucial three-week stretch that will help determine whether President Donald Trump can deliver on his promise of a historic tax cut. Several obstacles await lawmakers, including an ongoing...

Oregon becomes first state to launch auto-IRA program

July 5, 2017

Oregon has become the first state to launch an automatic-enrollment, payroll-deduction IRA program, known as an "auto-IRA," for private-sector workers. It brings to fruition a concept that's been discussed among policymakers for more than a...

Paul Ryan reiterates goal to kill estate tax, maintain retirement-savings incentives

June 20, 2017

Four days before the one-year anniversary of the release of his tax blueprint, House Speaker Paul Ryan delivered a pep talk seeking to assuage growing doubts about the prospects for a major tax overhaul. "We're going to stick the landing because...

Grad students could fund IRAs with stipends under Senate bill

June 19, 2017

A bi-partisan Senate bill that would allow funds from a graduate student's stipend or fellowship to be deposited into an Individual Retirement Account has been introduced by Elizabeth Warren (D-Mass.), Mike Lee (R-Utah), Ron Wyden (D-Ore.) and...

New Nevada law imposes fiduciary duty on brokers

June 16, 2017

Brokers in Nevada will have to meet a fiduciary standard when providing investment advice under a law that will take effect July 1. The measure revises a current fiduciary law applying to "financial planners" that excluded brokers and investment...

Next Page »

1 | 2 | 3 | 4 | 5 ... 106