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Legislative updates
Regulatory and Legislative
Representative Neal Reintroduces Automatic IRA Act
Representative Richard Neal (D-MA), House Ways and Means Committee Ranking Member, has reintroduced the Automatic IRA Act.
Regulatory and Legislative
INVEST Act Clears House
The House of Representatives has passed the Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act by a vote of 302 to 123.
Regulatory and Legislative
Additional Bills Propose Expanded HSA Usage
Senator Robert Marshall (R-KS) has introduced the Lowering Healthcare Costs for Americans Act.
Regulatory and Legislative
Proposal Redirecting Subsidies to HSAs Surfaces
Senators Mike Crapo (R-ID) and Bill Cassidy (R-LA) have released the Health Care Freedom for Patients Act.
Regulatory and Legislative
Senate Proposal Would Expand Use of HSAs
Senator Rand Paul (R-KY) has introduced the Health Marketplace and Savings Accounts for All Act.
Regulatory and Legislative
Roth Rollover Proposal Introduced in Senate
Senators John Barrasso (R-WY) and Michael Bennet (D-CO) have introduced the Retirement Rollover Flexibility Act.
Regulatory and Legislative
Proposal to Enhance PLESAs Introduced in Senate
Senators Cory Booker (D-NJ) and Todd Young (R-IN), along with Representatives Eugene Vindman (D-VA) and Glenn Thompson (R-PA) have introduced bi-cameral legislation, the Emergency Savings Enhancement Act.
Regulatory and Legislative
House Proposal Includes CITs for 403(b) Provision
House Financial Services Committee Chairman French Hill (R-AR) and several committee members introduced bipartisan legislation, the Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act.
Regulatory and Legislative
House Bill Proposes Litigation Reform
Representative Randy Fine (R-FL) has introduced H.R. 6084, the ERISA Litigation Reform Act.
Regulatory and Legislative
Proposal Floated to Create New Type of HSA Account
Senator Rick Scott (R-FL) has introduced S. 3264, the More Affordable Care Act.