Insurance groups say the measure, which now heads to the full chamber for a vote, doesn't go far enough.
Slightly lower estimate would still be the largest cost-of-living increase since 2012.
Stresses of losing a spouse include steep decline in household income for many, according to a survey.
Rules adopted by 41 states have held down rate increases on newer policies, but some advisers remain skeptical of traditional LTC insurance.
Stresses of losing spouse include steep decline in household income for many, according to a survey.
New bill eases rules around open multiple-employer plans by allowing more employers to band together to offer a common retirement plan.
Negative returns and fiduciary risk are positively correlated for 401(k) fiduciaries.
The organizations getting sued over retirement plans are low-hanging fruit.
Rushing to take benefits in response to illness may not be the best move.
Last year's overhaul is expected to slash the number of taxpayers subject to the AMT.
Ohio National cited the regulatory climate and sustained low interest rates as reasons why it was going to stop selling annuities.
Clock, partisan divisions could stymie adviser regulation reform, HSA contribution limit increase
The president is trying to expand access to workplace retirement savings, but has acted contrary to this goal in the past.
But the election of Donald Trump gained those firms back $56 billion in market value, as investors expected a rollback of financial regulations.
Advisers could leverage these retirement plans to reduce cost, administration and fiduciary liability for clients, and eventually use them as a branding opportunity.
But asset managers and insurers are shortchanging viable solutions.
Threats pose new risks for fiduciaries of employer-sponsored plans.
With 20 cases filed against them in court, many have obtained dismissals.
Some advisers fear a reduced pool to service small or complex plans will result.
IRS ruling affirms one employer's approach to chipping away at employees' mountain of student loan debt.
