The Retirement Savings for Americans Act, would give uncovered low- and middle-income workers access to a federally run retirement plan, is a bipartisan effort, and would offer federal matching ...

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 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.

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 ...

New House bill brings ‘simplification and clarity’ to retirement plan rollovers. The Retirement Simplification and Clarity Act, which would provide pre-retirees with a more streamlined process ...

“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 ...

The House plan would now: Reduce income tax from 4% to 3.5% in 2027 and then progressively decrease to complete elimination by 2037. Reduce sales tax on groceries from 7% to 5%.