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The Republican House proposal, part of a broader tax plan, also suggests increasing the additional standard deduction for seniors. This plan offers a $4,000 deduction per taxpayer over 65 ...
The House voted 215-214 along party lines early Thursday morning to pass its budget reconciliation package that includes a slimmer range proposed cuts to federal workers’ retirement benefits.
House reintroduces retirement plan bill for private sector workers: Will it hurt small employers? The Retirement Savings for Americans Act, which would offer a federally-run program, is supported ...
The latest draft of the GOP’s plan to cut federal spending to pay for tax cuts and increased immigration enforcement no longer un-grandfathers ... Retirement cuts tweaked in House reconciliation ...
The bill would offer federally run retirement savings plans to low- and middle-income workers who lack access to an employee-sponsored plan. Representative Lloyd Smucker, R-Pennsylvania, reintroduced ...
House advances bill allowing low-cost collective investment trusts in 403(b) plans. On Tuesday, the House Committee on Financial Services advanced the Retirement Fairness for Charities and ...
“Scammers prey on Iowa retirees and steal their hard-earned money. In 2023 alone, the Iowa Attorney General’s office received more than 13,000 financial fraud reports resulting in approximately $42.6 ...
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