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Legislative updates
Regulatory and Legislative
IRA Charitable Distribution Bill Proposed in Senate
Senator Todd Young (R-IN), and several Democrat co-sponsors have introduced S. 3975, the IRA Charitable Rollover Facilitation and Enhancement Act.
Regulatory and Legislative
Form 5500 Simplification Act Introduced
Representatives Glenn Grothman (R-WI) and Don Norcross (D-NJ) have introduced H.R. 7362, the Form 5500 Simplification Act.
Regulatory and Legislative
Another Bill Proposes 529 Distributions for Homebuyers
Representatives Jimmy Patronis (R-FL) and Gus Bilirakis (R-FL) have introduced H.R. 7393, the Save for Success Act, to allow distributions from qualified tuition programs to be used for qualified housing expenses for first-time homebuyers.
Regulatory and Legislative
Pensions for All Proposed in House
Representative Delia Ramirez (D-IL) and several co-sponsors have introduced H.R. 7556, the Pensions for All Act.
Regulatory and Legislative
First-Time Homebuyer Accounts Proposed
Representative Kat Cammack (R-FL) and Jim Moylan (R-GU) have introduced H.R. 7422, the Next-Generation Equity Savings Tool Act (NEST Act).
Regulatory and Legislative
529 Distributions for Homebuyers Proposed
Representative Tracey Mann (R-KS) and several co-sponsors have introduced H.R. 7468, the First-Time Homebuyer Empowerment Act.
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.