Labor Department mulls 401(k) fees
The Department of Labor is considering how to deliver information on administrative and investment fees to 401(k) plan participants better.
Supreme Court to consider muni bond case
The U.S. Supreme Court recently said that it would hear a case this fall that could affect Section 529 college savings plans.
Suit takes on state tax breaks for 529 plans
A class action recently was filed in Illinois that challenges the legality of giving tax breaks to residents who invest in Illinois’ 529 college savings program but not other states’ plans.
SEC holds round table on 12b-1 fees
Securities regulators recently hosted a daylong round table to discuss mutual funds’ use of 12b-1 fees.
National insurance charter back on table
A House bill introduced last month joins a Senate measure that would create an optional federal charter for the insurance industry.
Push under way for retirement plan disclosure
Better disclosure about the specifics of 401(k) fees and investments would be required under a bill unveiled last month.
Bills battle mandatory arbitration
Legislation was introduced last month that would ban mandatory arbitration agreements.
New bill extends tax cuts
A bipartisan bill was introduced last month that would make permanent the provisions in a 2003 law that reduced capital gains and estate taxes.
AMT remains center stage on Capitol Hill
The push to minimize the impact of the alternative minimum tax continues to grow.
Private-equity firms under fire
Certain publicly traded partnerships would be treated as corporations for federal tax purposes under legislation on Capitol Hill.