legislative updates

Legislation Proposed to Automatically Re-enroll Employees

Bill text has been made available for legislation introduced by Senator Tim Kaine (D-VA) intending to improve participation in employer-sponsored retirement plans.

FuturePlan ERISA Team

Defined Contribution Plan

Legislative updates

Legislation Proposed to Expand Qualified Medical Expenses to Include Diapers

Senator Joni Ernst (R-IA) has introduced the Diaper Inclusion in Accounts for Parental Expense Reduction (DIAPER) Act.

FuturePlan ERISA Team

Legislative updates

HSA

Legislation Proposed to Promote Retirement Plan Lifetime Income Options

Legislation to promote retirement plan lifetime income options has been reintroduced by Representatives Donald Norcross (D-NJ) and Tim Walberg (R-MI).

FuturePlan ERISA Team

Defined Contribution Plan

Legislative updates

Legislation Proposed to Permit HSAs for Children

The Child Health Savings Account Act of 2022 would expand HSA contribution eligibility requirements by allowing parents to contribute and deduct up to $3,000 each year to their childrens’ HSAs.

FuturePlan ERISA Team

Health and Welfare

Legislative updates

HSA

Legislation Proposed to Expand Group Health Plan Coverage

The Family Plus Health Care Act of 2022 (H.R. 6508) aims to expand group health plan coverage.

FuturePlan ERISA Team

Health and Welfare

Legislative updates

House Passes the Build Back Better Act

On November 19, 2021, the U.S. House of Representatives passed H.R. 5376, the Build Back Better Act (“BBB Act” or “the Act”).

FuturePlan ERISA Team

IRS

Washington Pulse

Legislative updates

Build Back Better Bill Passes House, Moves to Senate

The House of Representatives passed the Build Back Better bill. The House-passed version of the bill contains several IRA provisions.

FuturePlan ERISA Team

Defined Contribution Plan

IRA

Legislative updates

Infrastructure Bill Signed into Law

The Infrastructure Act includes additional pension funding relief, disaster relief changes, and new digital asset reporting requirements.

FuturePlan ERISA Team

IRS

Washington Pulse

Legislative updates

Prevailing Wage

President Signs Infrastructure Bill Into Law

The President has signed into law the Infrastructure Investment and Jobs Act.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

IRA

Legislative updates

Prevailing Wage

Infrastructure Bill Heads to President for Signature

The much-anticipated Infrastructure Investment and Jobs Act (the Act) has passed the House of Representatives months after its approval in the Senate.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

IRA

Legislative updates

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