Lawmakers are expected to pass the first major piece of retirement legislation in a decade this week. The Setting Every Community Up for Retirement Enhancement Act, or SECURE … more Congress Set to Pass Major Retirement Bill
Legislative Analysis and Commentary
Housing Secretary Promotes Reforms to Improve HECM Solvency
Testifying before the House Financial Services Committee this week, Secretary of Housing and Urban Development Dr. Ben Carson said financial volatility within the HECM program remains a constant … more Housing Secretary Promotes Reforms to Improve HECM Solvency
What Congress Is Doing to Fix America’s Retirement System
Improving retirement security has become a top priority for Congress in 2019, according to various press accounts. Advocates are watching three bills – the SECURE Act, the Butch … more What Congress Is Doing to Fix America’s Retirement System
CBO Offers Solutions For Improving Financial Health of HECM Program
The Congressional Budget Office (CBO), an agency within the legislative branch that provides budgetary and economic information to Congress, published a report last week that presented four policy … more CBO Offers Solutions For Improving Financial Health of HECM Program
House Committee Unanimously Passes Landmark Retirement Legislation
The most comprehensive changes to private retirement plans in more than a decade are gaining momentum in Congress, according to media reports. The House Ways and Means Committee … more House Committee Unanimously Passes Landmark Retirement Legislation
Increased Oversight of HECM Cited in President’s Budget
The Department of Housing and Urban Development’s Office of the Inspector General will expand its oversight of the HECM program, ensuring it does not pose undue risk to … more Increased Oversight of HECM Cited in President’s Budget
Congress Passes Short-Term Spending Measure
This week, Congress unanimously approved a continuing resolution (CR) that keeps the federal government running through December 21, 2018. President Donald Trump is expected to sign the CR … more Congress Passes Short-Term Spending Measure
Proposed Budgetary Impact on Seniors
NRMLA has compiled a partial list of news articles that summarize the impact that President Trump’s proposed Fiscal Year 2018 budget will have on elderly Americans, including prospective … more Proposed Budgetary Impact on Seniors