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Tax reform, particularly corporate tax reform, will be on the agenda in 2015, congressional observers said.
The new year will bring a new Congress, with Republican majorities in both the House and the Senate. In 2015, there will two new tax-writing committee chairmen. Rep. Paul Ryan, R-Wis., is poised to become the House Ways and Means Committee chairman, and Sen. Orrin Hatch, R-Utah, is likely to become the Senate Finance Committee chairman.
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Despite not being a mandate, the passing of the bill could make a big difference in leaders’ approach.
Some ultrahigh net worth clients would be affected by a change to retirement plan contribution and distribution rules that's under consideration in Congress.
President Donald Trump unveiled a federal plan offering government-backed retirement accounts with a $1,000 annual match for workers without employer-sponsored plans.
New drug pricing proposals could reshape employer pharmacy strategy, as benefit managers struggle to navigate rising prescription costs.
As Washington revisits the tax-favored status of health benefits, a longtime policy expert explains why replacing group plans could cost far more.
