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The Biden admin just finalized a controversial new retirement rule — here are 5 things you need to know now. Christy Bieber. May 28, 2024 at 7:02 AM.
Retirement legislation President Biden inked in December pushes the age that retirees must start taking required minimum distributions, or RMDs, from IRAs, 401(k)s, and 403(b) plans, to 73 this ...
That’s a big deal given Americans rolled over almost $800 billion from 401(k)s and other employer plans into IRAs in 2022, the White House said when it introduced the rule in October 2023. A ...
While the Biden-Harris administration has yet to make good on a campaign promise by issuing universal student debt relief, more than 3.7 million borrowers have had nearly $140 billion of debt ...
Biden v. Nebraska, 600 U.S. 477 (2023), was a United States Supreme Court case related to the forgiveness of federal student loans by the Biden administration in 2022, challenged by multiple states. The Supreme Court's ruling was issued on June 30, 2023, ruling 6–3 that the Secretary of Education did not have the power to waive student loans ...
Joe Biden's immigration policy is primarily based on reversing many of the immigration policies of the previous Trump administration.During his first day in office, Biden reversed many of Trump's policies on immigration, such as halting the construction of the Mexican border wall, ending Trump's travel ban restricting travel from 14 countries, and an executive order to reaffirm protections for ...
In 2022 alone, Americans rolled over approximately $779 billion from defined contribution plans, such as 401(k)s, into IRAs. The Biden administration’s new proposed rule would close this ...
The economic policy of the Joe Biden administration, dubbed Bidenomics (a portmanteau of Biden and economics ), is characterized by relief measures and vaccination efforts to address the COVID-19 pandemic, investments in infrastructure, and strengthening the social safety net, funded by tax increases on higher-income individuals and corporations.