Reverse mortgages offer a potentially useful tool to convert illiquid housing wealth into money to live on during retirement, according to congressional testimony provided by Shai Akabas, Director … more Senate Testimony: Reverse Mortgages Can Help Improve Retirement Security
Legislation
CFPB Director Discusses Priorities With House Committee
In his first public hearing before the House Financial Services Committee, newly confirmed CPFB Director Rohit Chopra outlined his priorities and positions on a number of issues. … more CFPB Director Discusses Priorities With House Committee
Senate Advances Chopra Nomination As CFPB Director
By a vote of 50 to 48, the Senate approved the nomination of Rohit Chopra to be director of the Consumer Financial Protection Bureau for a five-year term. … more Senate Advances Chopra Nomination As CFPB Director
Finance Committee Examines Opportunities to Enhance Retirement Security
The Senate Finance Committee held a hearing this week to examine ways Congress can build on bipartisan retirement legislation. Brian Graff, CEO of the American Retirement Association … more Finance Committee Examines Opportunities to Enhance Retirement Security
Senate Aging Committee Examines How Disabled Americans Can Build Wealth and Retirement Security
Last week, the U.S. Senate Special Committee on Aging held a hearing entitled, “Building Wealth and Fostering Independence: Creating Opportunities to Save” that examined the challenges that people … more Senate Aging Committee Examines How Disabled Americans Can Build Wealth and Retirement Security
Congress Looking to Make Further Changes to U.S. Retirement System
Less than two years after the Secure Act ushered in significant changes to the nation’s retirement system, more modifications may be on the horizon, according to a CNBC.com … more Congress Looking to Make Further Changes to U.S. Retirement System