Fellow Joyce Beebe evaluates a provision of the newly passed SECURE Act, which offers an option for penalty-free withdrawal from IRAs and 401(k)s for new parents. She also discusses Congress’s recent decision to grant 2.1 million federal workers up to 12 weeks paid parental leave. Continue Reading
The recently passed Setting Every Community Up for Retirement Enhancement (SECURE) Act offers several welcome updates to retirement saving rules but has also been widely criticized for limiting the “stretch IRA” strategy. Continue Reading
This article reviews certain elements of employee retirement plans and their tax implications, as well as the often-overlooked component of employer matching. Continue Reading
Given the uncertainty surrounding the economic effects and the poorly targeted benefits and burdens of a minimum wage, it is unlikely to be the best policy to increase the wages of low-wage workers. Continue Reading
Cloud computing has not only transformed how businesses and people conduct their daily activities, but it has also clouded the landscape for taxing such technological advancements. Continue Reading
Policymakers have only begun to take steps to manage the tax-related issues arising from the sharing economy, not to mention the social, commercial and legal challenges it has generated. Continue Reading
It is clear that unless Congress acts, Social Security benefits will be reduced after the exhaustion of the trust fund in 2032. Projections highlighted in this blog illustrate the magnitude of the problem and the difficulty of measuring the economic effects of various policy reforms.