President/executive branch
Taxing pensions and 401(k)s
President Barack Obama's federal budget proposal to restrict accumulations in retirement programs would, if enacted, affect in a direct way only a very few participants, but would undermine the...
April 29, 2013
Obama budget to cap retirement deductions
The retirement- and investment-related tax proposals in President Barak Obama's fiscal 2014 budget are bargaining chips in the administration's battle with Republicans, Washington insiders say.
April 15, 2013
Obama 2014 budget calls for carried interest rate elimination, retirement savings cap
President Barack Obama's fiscal 2014 budget proposal unveiled Wednesday repeated calls for reducing tax incentives for retirement savings on higher income taxpayers with a new call to cap individual...
April 10, 2013 | 04:10 pm
White House expected to give labor secretary nod to civil rights attorney
The White House is expected to name civil rights attorney Thomas E. Perez as secretary of the Department of Labor this week.
March 11, 2013 | 04:02 pm
Distressed multiemployer plans show progress, but 'substantial percentage' still in peril — GAO study
Severely distressed multiemployer plans have made progress in solving their funding problems, but “a substantial percentage” of them do not expect to return to a healthier funded status,...
March 05, 2013 | 03:40 pm
ICI survey: Americans back tax breaks for defined contribution plans
Just as President Barack Obama is calling on Congress to close tax loopholes and deductions to reduce the deficit, Investment Company Institute is touting a survey that shows a majority of Americans...
February 07, 2013 | 04:24 pm
GAO study: Defense Department pension accounting rules need more oversight
New pension accounting rules for federal contractors are going to require greater oversight from the Department of Defense, according to a Government Accountability Office study released Tuesday.
January 22, 2013 | 04:21 pm
Jack Lew nominated as next Treasury secretary
Jack Lew was nominated to be secretary of the Treasury on Thursday by President Barack Obama, to succeed Timothy Geithner.
January 10, 2013 | 02:52 pm
'Bare-bones' resolution to budget crisis seen as most likely
Any fiscal-cliff resolution is being seen as nothing more than a “bare-bones” extension approved by the end-of-the-year deadline.
