legislative updates

Protecting America’s Retirement Security Act Approved by Committee

The House Committee on Education and Labor approved to release the Protecting America’s Retirement Security Act without amendments to the House floor for consideration.

FuturePlan ERISA Team

Legislative updates

Defined Contribution Plan

DOL

Protecting America’s Retirement Security Act Introduced

Representative Lucy McBath (D-GA) and five other Democratic co-sponsors have introduced the Protecting America’s Retirement Security Act in the House of Representatives.

FuturePlan ERISA Team

Defined Contribution Plan

Legislative updates

Health Care Equality and Modernization Act Introduced

Representative Peter Sessions introduced the Health Care Equality and Modernization Act of 2022 (the “Act”) in the House of Representatives.

FuturePlan ERISA Team

Healthcare Reform

HSA

Legislative updates

House Passes Retirement Reform Proposal

The House of Representatives has passed the Securing a Strong Retirement Act of 2022 (which lawmakers are coining SECURE 2.0) by a 414-5 vote.

FuturePlan ERISA Team

Legislative updates

Defined Contribution Plan

Defined Benefit Plan

IRA

Long-Term Care Affordability Act Introduced

Representative Ann Wagner has introduced the Long-Term Care Affordability Act to allow distributions from retirement accounts for the payment of long-term care insurance coverage.

FuturePlan ERISA Team

Legislative updates

IRA

Defined Contribution Plan

Enhancing Emergency and Retirement Savings Act Introduced

Representative Brad Wenstrup has introduced the Enhancing Emergency and Retirement Savings Act of 2022 to provide flexibility and access for those who experience unexpected emergencies.

FuturePlan ERISA Team

Legislative updates

IRA

Defined Contribution Plan

Spending Bill Would Include Telehealth Extension

The spending bill provision would temporarily allow expenses for telehealth to continue to be paid from HSAs without first meeting the deductible under the HDHP.

FuturePlan ERISA Team

Legislative updates

HSA

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

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