legislative updates

Series of Retirement Security Bills Reintroduced

Senators Cory Booker (D-NJ) and Todd Young (R-IN) reintroduced four bills in the Senate this week designed to address retirement security. 

FuturePlan ERISA Team

Defined Contribution Plan

Legislative updates

Proposed Tax Benefits for Retirement Saving Distributions

Senator Patrick Toomey (R-PA), has re-introduced the Long-Term Care Affordability Act.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

Legislative updates

Encouraging Americans to Save Act Introduced in Senate

Senate Finance Committee Chair Ron Wyden (D-OR) and six other Democratic Senators have introduced the Encouraging Americans to Save Act (EASA).

FuturePlan ERISA Team

Defined Contribution Plan

ira

Legislative updates

ABLE Account

Several Health Savings Bills Proposed

Senator Ben Sasse (R-NE) recently introduced two bills aimed at providing more flexibility for the use of health savings accounts (HSAs).

FuturePlan ERISA Team

Health and Welfare

HSA

Legislative updates

Enhancing Emergency and Retirement Savings Act Introduced

The legislation would provide a penalty-free “emergency personal expense distribution” option from employer-sponsored retirement plans and IRAs.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

Legislative updates

Retirement Security and Savings Act Re-Introduced

Senators Rob Portman (R-OH), and Ben Cardin (D-MD), have introduced the Retirement Security and Savings Act of 2021, legislation that was last introduced in 2019.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

DOL

IRA

Legislative updates

SECURE Act

Smaller Sequel to SECURE Act Re-Introduced in Senate

Senator Charles Grassley (R-IA), along with co-sponsors Maggie Hassan (D-NH) and James Lankford (R-OK), have re-introduced the Improving Access to Retirement Savings Act.

FuturePlan ERISA Team

Defined Contribution Plan

Legislative updates

SECURE Act

Securing a Strong Retirement Act Re-Introduced

House Ways and Means Committee Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX) have introduced the Securing a Strong Retirement Act of 2021.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

DOL

IRA

Legislative updates

SECURE Act

Congress Votes to Extend Paycheck Protection Program

A proposal to extend the Paycheck Protection Program (PPP) through the end of May has passed the Senate by a vote of 92-7. 

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

Legislative updates

American Rescue Plan Act Provides Coronavirus Relief

President Biden has signed legislation that funds another round of assistance as the nation copes with the health and economic effects of the coronavirus pandemic. 

FuturePlan ERISA Team

Washington Pulse

Defined Benefit Plan

DOL

Health and Welfare

Legislative updates

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