Lifetime Income Disclosure Act

H.R. 748 - Coronavirus Aid, Relief and Economic Security Act (CARES Act); provisions relating to retirement H.R. 1957 - Taxpayer First Act of 2019; provisions relating to 1099 filings, e-signatures, taxpayer income verification H.R. 1993 - Providing Retirement Security to Workers in Small Businesses, Cooperatives, and Service Organizations Act of 2019; entire bill H.R. 2005 - Women's Retirement Protection Act of 2019; entire bill H.R. 2367 - Lifetime Income Disclosure Act; entire bill H.R. 5676 - Retirement Plan Modernization Act; entire bill S. 321 - Retirement Security Act of 2019; entire bill S. 322 - SIMPLE Plan Modernization Act; entire bill S. 1011 - To amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to modify the requirements for multiple employer plans, and for other purposes; entire bill S. 1018 - Refunds to Rainy Day Savings Act; entire bill S. 1019 - Strengthening Financial Security Through Short-Term Savings Accounts Act of 2019; entire bill S. 1020 - Retirement Flexibility Act; entire bill S. 1428 - Retirement Parity for Student Loans Act; entire bill S. 1431 - Retirement Security and Savings Act of 2019; entire bill S. 2370 - Automatic IRA Act of 2019; entire bill Not Yet Introduced: Proposal for an employer retirement plan requirement sponsored Rep. Richard Neal

Client expense: $390,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Retirement Security as in the following bills: * Graduate Student Savings Act of 2019 (S. 448, H.R. 1194) * Retirement Security Act of 2019 (S. 321) * Retirement Enhancement and Savings Act of 2019 (S. 972, H.R. 1007) * Family Savings Act of 2019 (H.R. 1084) * Increasing Access to a Secure Retirement Act of 2019 (H.R. 1439) * Lifetime Income Disclosure Act (S. 1574, H.R. 2367) * Savings Enhancement by Alleviating Leakage in 401(k) Savings Act (Not yet reintroduced) * Retirement Plan Simplification and Enhancement Act (Not yet reintroduced) * Receiving Electronic Statements To Improve Retiree Earnings Act (Not yet reintroduced) * Small Businesses Add Value for Employees Act (SAVE Act) (Not yet reintroduced) * Automatic Retirement Plan Act (Not yet reintroduced) * Portability of Lifetime Income and Managed Account Options (Not yet reintroduced) * Retirement Security and Savings Act (S. 1431) * Retirement Parity for Student Loans Act (S. 1428) * The Setting Every Community Up for Retirement Enhancement Act (H.R. 1994) * Automatic IRA Act of 2019 (S. 2370) Providing Lifetime Income Illustrations on Retirement Benefit Statements Defined Contribution Retirement Plan Design and Modernization Fiduciary Concerns Related to Advice and Education in Retirement Plans Stretch IRA Electronic Delivery of Plan Documents Tax Reform Preserving Tax-Deferred Treatment of Defined Contribution Plans Preserving the Structure of the Defined Contribution System (Retirement Plan Consolidation) Qualified Default Investment Alternatives (QDIA) Safe Harbor for Plan Sponsors Selecting Annuity Providers on Plan Menus Portability of Annuities in Defined Contribution Plans Automatic IRA/401(k) Retirement Plans Collective Investment Trusts in 403(b) Plans Multiple Employer Plans Infrastructure Student Loans

Client expense: $520,000 · Firm income: Not reported

SEC Regulation Best Interest (17 CFR Part 240). SEC Commission Interpretation Regarding Standard of Conduct for Investment Advisers; Request for Comment on Enhancing Investment Adviser Regulation (17 CFR Part 275). SEC Form CRS Relationship Summary; Amendments to Form ADV; Required Disclosures in Retail Communications and Restrictions on the use of Certain Names or Titles (17 CFR Parts 240, 249, 275 and 279). DOL EBSA Proposed Definition of Employer under Section 3(5) of ERISA - Association Retirement Plans and Other Multiple-Employer Plans Rule (29 CFR Part 2510). DOL EBSA Proposed Rulemaking Default Electronic Disclosure by Employee Pension Benefit Plans Under ERISA (29 CFR Part 2520 RIN 1210-AB90). Legislation and rulemaking affecting annuities, variable life products and retirement savings including Trump Administration and Congressional proposals on tax reform. Public Law 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2013, implementation and regulatory reform. Proposals at the Department of Treasury for increasing Americans' access to guaranteed lifetime income solutions. Proposals at the Department of Labor for increasing Americans' access to guaranteed lifetime income solutions. Department of Labor rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. Women's Retirement Protection Act (S.975/H.R. 2005 - 116th Congress). A bill to provide for an additional nondiscrimination safe harbor for automatic contribution arrangements (S.1020 - 116th Congress). A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to modify the requirements for multiple employer plans, and for other purposes (S.1011 - 116th Congress). Primary Regulators of Insurance Vote Act of 2019 (S.1298/H.R. 2479 - 116th Congress). Lifetime Income Disclosure Act (S.1574/H.R. 2367- 116th Congress). International Insurance Standards Act (H.R. 4592 - 116th Congress). Coronavirus Aid, Relief and Economic Security (CARES) Act (H.R. 748 - 116th Congress). DOL implementation of Division O of the Further Consolidated Appropriations Act 2020 (Public Law No: 116-94). Treasury/IRS implementation of Division O of the Further Consolidated Appropriations Act 2020 (Public Law No: 116-94). SEC implementation of Division O of the Further Consolidated Appropriations Act 2020 (Public Law No: 116-94).

H.R. 1957 - Taxpayer First Act of 2019; provisions relating to 1099 filings, e-signatures, taxpayer income verification H.R. 1993 - Providing Retirement Security to Workers in Small Businesses, Cooperatives, and Service Organizations Act of 2019; entire bill H.R. 1994 - Setting Every Community Up for Retirement Enhancement Act of 2019; entire bill H.R. 2367 - Lifetime Income Disclosure Act; entire bill S. 321 - Retirement Security Act of 2019; entire bill S. 322 - SIMPLE Plan Modernization Act; entire bill S. 972 - Retirement Enhancement and Savings Act (RESA); entire bill S. 1011 - To amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to modify the requirements for multiple employer plans, and for other purposes; entire bill S. 1018 - Refunds to Rainy Day Savings Act; entire bill S. 1019 - Strengthening Financial Security Through Short-Term Savings Accounts Act of 2019; entire bill S. 1020 - Retirement Flexibility Act; entire bill S. 1428 - Retirement Parity for Student Loans Act; entire bill S. 1431 - Retirement Security and Savings Act of 2019; entire bill S. 2370 - Automatic IRA Act of 2019; entire bill Not Yet Introduced: Proposal for an employer retirement plan requirement sponsored Rep. Richard Neal

Client expense: $250,000 · Firm income: Not reported

Retirement Security as in the following bills: -Graduate Student Savings Act of 2019 (S. 448, H.R. 1194) -Retirement Security Act of 2019 (S. 321) -Retirement Enhancement and Savings Act of 2019 (S. 972, H.R. 1007) -Family Savings Act of 2019 (H.R. 1084) -Increasing Access to a Secure Retirement Act of 2019 (H.R. 1439) -Lifetime Income Disclosure Act (S. 1574, H.R. 2367) -Savings Enhancement by Alleviating Leakage in 401(k) Savings Act (Not yet reintroduced) -Retirement Plan Simplification and Enhancement Act (Not yet reintroduced) -Receiving Electronic Statements to Improve Retiree Earnings Act (Not yet reintroduced) -Small Businesses Add Value for Employees Act (SAVE Act) (Not yet reintroduced) -Automatic Retirement Plan Act (Not yet reintroduced) -Portability of Lifetime Income and Managed Account Options (Not yet reintroduced) -Retirement Security and Savings Act (S. 1431) -Retirement Parity for Student Loans Act (S. 1428) -The Setting Every Community Up for Retirement Enhancement Act (H.R. 1994) - Automatic IRA Act of 2019 (S.2370) Providing Lifetime Income Illustrations on Retirement Benefit Statements Defined Contribution Retirement Plan Design and Modernization Fiduciary Concerns Related to Advice and Education in Retirement Plans Stretch IRA Electronic Delivery of Plan Documents Tax Reform Preserving Tax-Deferred Treatment of Defined Contribution Plans Preserving the Structure of the Defined Contribution System (Retirement Plan Consolidation) Qualified Default Investment Alternatives (QDIA) Safe Harbor for Plan Sponsors Selecting Annuity Providers on Plan Menus Portability of Annuities in Defined Contribution Plans Automatic IRA/401(k) Retirement Plans Collective Investment Trusts in 403(b) Plans Multiple Employer Plans Infrastructure Student Loans

Client expense: $440,000 · Firm income: Not reported

DOL - EBSA Proposed Definition of Employer under Section 3(5) of ERISA - Association Retirement Plans and Other Multiple-Employer Plans Rule (29 CFR Part 2510). DOL - EBSA - Request for Information - Open MEPs and Other Issues under Section 3(5) of the Employee Retirement Income Security Act (29 CFR Parts 2510). DOL- EBSA Proposed Rulemaking Default Electronic Disclosure by Employee Pension Benefit Plans Under ERISA (29 CFR Part 2520 RIN 1210-AB90). SEC Proposal - Updated Disclosure Requirements and Summary Prospectus for Variable Annuity and Variable Life Insurance Contracts (17 CFR Parts 230, 232, 239, 240, 270, and 274). Legislation and rulemaking affecting annuities, variable life products and retirement savings including Trump Administration and Congressional proposals on tax reform. Proposals at the Department of Treasury for increasing Americans' access to guaranteed lifetime income solutions. Treasury - IRS Proposed Rulemaking: Multiple Employer Plans (26 CFR Part 1 [REG-121508-18] RIN 1545-BO97). Treasury - IRS Proposed Rulemaking: Updated Life Expectancy and Distribution Period Tables Used for Purposes of Determining Minimum Required Distributions (26 CFR Part 1 [REG-132210-18] RIN 1545-BP11). Proposals at the Department of Labor for increasing Americans' access to guaranteed lifetime income solutions. Department of Labor rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. The Receiving Electronic Statements to Improve Retiree Earnings Act (H.R. 4610 - 115th Congress). The Automatic Retirement Plan Act of 2017 (H.R. 4523 - 115th Congress). The Retirement Plan Simplification Act of 2017 (H.R. 4524 - 115th Congress). Elder Protection and Abuse Prevention Act (H.R. 6744 - 115th Congress). Setting Every Community Up for Retirement Enhancement (SECURE) Act (H.R. 1994 - 116th Congress). Women's Retirement Protection Act (S.975/H.R. 2005- 116th Congress). Retirement Enhancement and Savings Act (S.972/H.R. 1007 - 116th Congress). A bill to provide for an additional nondiscrimination safe harbor for automatic contribution arrangements (S.1020 - 116th Congress). A bill to establish the Refund to Rainy Day Savings Program (S.1018 - 116th Congress). A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to modify the requirements for multiple employer plans, and for other purposes (S.1011 - 116th Congress). A bill to allow employers to offer short-term savings accounts with automatic contribution arrangements for financial emergencies (S.1019 - 116th Congress). Savings for the Future Act (H.R. 2120 - 116th Congress). Social Security 2100 Act (S.269/H.R. 860 - 116th Congress). SIMPLE Plan Modernization Act (S.322 - 116th Congress). Retirement Security Act of 2019 (S.321 - 116th Congress). Surviving Widow(er) Income Fair Treatment (SWIFT) Act (S.345 - 116th Congress). Increasing Access to a Secure Retirement Act (H.R. 1439 - 116th Congress). SEC Disclosure Effectiveness Testing Act (H.R. 1815 - 116th Congress). Retirement Security for American Workers Act (H.R. 1907 - 116th Congress). Senior Security Act (H.R. 1876 - 116th Congress). A bill to avoid duplicative annual reporting under the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974, and for other purposes (S.354/H.R. 982 - 116th Congress). Expanding Access to Retirement Savings for Caregivers Act (H.R. 3078 - 116th Congress). Retirement Parity for Student Loans Act (S.1428 - 116th Congress). Legacy IRA Act (S.1257 - 116th Congress). Lifetime Income Disclosure Act (S.1574/H.R. 2367 - 116th Congress). Retirement Security Preservation Act of 2019 (S.2352 - 116th Congress). Division O of the Further Consolidated Appropriations Act, 2020 (H.R.1865 - 116th Congress).

SEC Regulation Best Interest (17 CFR Part 240). SEC Commission Interpretation Regarding Standard of Conduct for Investment Advisers; Request for Comment on Enhancing Investment Adviser Regulation (17 CFR Part 275). SEC Form CRS Relationship Summary; Amendments to Form ADV; Required Disclosures in Retail Communications and Restrictions on the use of Certain Names or Titles (17 CFR Parts 240, 249, 275 and 279). DOL EBSA Proposed Definition of Employer under Section 3(5) of ERISA - Association Retirement Plans and Other Multiple-Employer Plans Rule (29 CFR Part 2510). DOL EBSA Proposed Rulemaking Default Electronic Disclosure by Employee Pension Benefit Plans Under ERISA (29 CFR Part 2520 RIN 1210-AB90). Legislation and rulemaking affecting annuities, variable life products and retirement savings including Trump Administration and Congressional proposals on tax reform. Public Law 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2013, implementation and regulatory reform. Proposals at the Department of Treasury for increasing Americans' access to guaranteed lifetime income solutions. Proposals at the Department of Labor for increasing Americans' access to guaranteed lifetime income solutions. Department of Labor rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. Setting Every Community Up for Retirement Enhancement (SECURE) Act (H.R. 1994 - 116th Congress). Women's Retirement Protection Act (S.975/H.R. 2005 - 116th Congress). Retirement Enhancement and Savings Act (S.972/H.R. 1007 - 116th Congress). A bill to provide for an additional nondiscrimination safe harbor for automatic contribution arrangements (S.1020 - 116th Congress). A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to modify the requirements for multiple employer plans, and for other purposes (S.1011 - 116th Congress). A bill to avoid duplicative annual reporting under the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974, and for other purposes (S.354/H.R. 982 - 116th Congress). Increasing Access to a Secure Retirement Act (H.R. 1439 - 116th Congress). Primary Regulators of Insurance Vote Act of 2019 (S.1298/H.R. 2479 - 116th Congress). Lifetime Income Disclosure Act (S.1574/H.R. 2367- 116th Congress). International Insurance Standards Act (H.R. 4592 - 116th Congress). Division O of the Further Consolidated Appropriations Act, 2020 (H.R. 1865 - 116th Congress).

H.R. 1007 - Retirement Enhancement and Savings Act of 2019; entire bill H.R. 1439 - Increasing Access to a Secure Retirement Act of 2019; entire bill H.R. 1874 - To amend the Internal Revenue Code of 1986 to require that qualified cash or deferred arrangements allow certain long-term employees to participate; entire bill H.R. 1957 - Taxpayer First Act of 2019; entire bill H.R. 1993 - Providing Retirement Security to Workers in Small Businesses, Cooperatives, and Service Organizations Act of 2019; entire bill H.R. 1994 - Setting Every Community Up for Retirement Enhancement Act of 2019; entire bill H.R. 2367 - Lifetime Income Disclosure Act; entire bill H.R. 3300 - Economic Mobility Act of 2019; entire bill S. 321 - Retirement Security Act of 2019; entire bill S. 322 - SIMPLE Plan Modernization Act; entire bill S. 972 - Retirement Enhancement and Savings Act (RESA); entire bill S. 1011 - To amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to modify the requirements for multiple employer plans, and for other purposes; entire bill S. 1018 - Refunds to Rainy Day Savings Act; entire bill S. 1019 - Strengthening Financial Security Through Short-Term Savings Accounts Act of 2019; entire bill S. 1020 - Retirement Flexibility Act; entire bill S. 1428 - Retirement Parity for Student Loans Act; entire bill S. 1431 - Retirement Security and Savings Act of 2019; entire bill S. 2370 - Automatic IRA Act of 2019; entire bill Not Yet Introduced: Proposal for an employer retirement plan requirement sponsored Rep. Richard Neal Not Yet Introduced: SAVE Act sponsored by Rep. Ron Kind Not Yet Introduced: Portable retirement and investment account legislation sponsored by Rep. Jim Himes

Client expense: $140,000 · Firm income: Not reported

DOL - EBSA Proposed Definition of Employer under Section 3(5) of ERISA - Association Retirement Plans and Other Multiple-Employer Plans Rule (29 CFR Part 2510). DOL - EBSA - Request for Information - Open MEPs and Other Issues under Section 3(5) of the Employee Retirement Income Security Act (29 CFR Parts 2510). SEC Proposal - Updated Disclosure Requirements and Summary Prospectus for Variable Annuity and Variable Life Insurance Contracts (17 CFR Parts 230, 232, 239, 240, 270, and 274). Legislation and rulemaking affecting annuities, variable life products and retirement savings including Trump Administration and Congressional proposals on tax reform. Proposals at the Department of Treasury for increasing Americans' access to guaranteed lifetime income solutions. Treasury Department - IRS - Multiple Employer Plans - (26 CFR Part 1 [REG-121508-18]). Proposals at the Department of Labor for increasing Americans' access to guaranteed lifetime income solutions. Department of Labor rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. The Receiving Electronic Statements to Improve Retiree Earnings Act (H.R. 4610 - 115th Congress). The Automatic Retirement Plan Act of 2017 (H.R. 4523 - 115th Congress). The Retirement Plan Simplification Act of 2017 (H.R. 4524 - 115th Congress). Elder Protection and Abuse Prevention Act (H.R. 6744 - 115th Congress). Setting Every Community Up for Retirement Enhancement (SECURE) Act (H.R. 1994 - 116th Congress). Women's Retirement Protection Act (S.975/H.R. 2005- 116th Congress). Retirement Enhancement and Savings Act (S.972/H.R. 1007 - 116th Congress). A bill to provide for an additional nondiscrimination safe harbor for automatic contribution arrangements (S.1020 - 116th Congress). A bill to establish the Refund to Rainy Day Savings Program (S.1018 - 116th Congress). A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to modify the requirements for multiple employer plans, and for other purposes (S.1011 - 116th Congress). A bill to allow employers to offer short-term savings accounts with automatic contribution arrangements for financial emergencies (S.1019 - 116th Congress). Savings for the Future Act (H.R. 2120 - 116th Congress). Social Security 2100 Act (S.269/H.R. 860 - 116th Congress). SIMPLE Plan Modernization Act (S.322 - 116th Congress). Retirement Security Act of 2019 (S.321 - 116th Congress). Surviving Widow(er) Income Fair Treatment (SWIFT) Act (S.345 - 116th Congress). Increasing Access to a Secure Retirement Act (H.R. 1439 - 116th Congress). SEC Disclosure Effectiveness Testing Act (H.R. 1815 - 116th Congress). Retirement Security for American Workers Act (H.R. 1907 - 116th Congress). Senior Security Act (H.R. 1876 - 116th Congress). A bill to avoid duplicative annual reporting under the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974, and for other purposes (S.354/H.R. 982 - 116th Congress). Expanding Access to Retirement Savings for Caregivers Act (H.R. 3078 - 116th Congress). Retirement Parity for Student Loans Act (S.1428 - 116th Congress). Legacy IRA Act (S.1257 - 116th Congress). Lifetime Income Disclosure Act (S.1574/H.R. 2367 - 116th Congress). Expanding Access to Retirement Savings for Caregivers Act (H.R. 3078 - 116th Congress). Retirement Security Preservation Act of 2019 (S.2352 - 116th Congress).

SEC Regulation Best Interest (17 CFR Part 240). SEC Commission Interpretation Regarding Standard of Conduct for Investment Advisers; Request for Comment on Enhancing Investment Adviser Regulation (17 CFR Part 275). SEC Form CRS Relationship Summary; Amendments to Form ADV; Required Disclosures in Retail Communications and Restrictions on the use of Certain Names or Titles (17 CFR Parts 240, 249, 275 and 279). DOL EBSA Proposed Definition of Employer under Section 3(5) of ERISA - Association Retirement Plans and Other Multiple-Employer Plans Rule (29 CFR Part 2510). Legislation and rulemaking affecting annuities, variable life products and retirement savings including Trump Administration and Congressional proposals on tax reform. Public Law 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2013, implementation and regulatory reform. Proposals at the Department of Treasury for increasing Americans' access to guaranteed lifetime income solutions. Proposals at the Department of Labor for increasing Americans' access to guaranteed lifetime income solutions. Department of Labor rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. Setting Every Community Up for Retirement Enhancement (SECURE) Act (H.R. 1994 - 116th Congress). Women's Retirement Protection Act (S.975/H.R. 2005 - 116th Congress). Retirement Enhancement and Savings Act (S.972/H.R. 1007 - 116th Congress). A bill to provide for an additional nondiscrimination safe harbor for automatic contribution arrangements (S.1020 - 116th Congress). A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to modify the requirements for multiple employer plans, and for other purposes (S.1011 - 116th Congress). A bill to avoid duplicative annual reporting under the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974, and for other purposes (S.354/H.R. 982 - 116th Congress). Increasing Access to a Secure Retirement Act (H.R. 1439 - 116th Congress). Primary Regulators of Insurance Vote Act of 2019 (S.1298/H.R. 2479 - 116th Congress). Lifetime Income Disclosure Act (S.1574/H.R. 2367- 116th Congress). International Insurance Standards Act (H.R. 4592 - 116th Congress).

Retirement Security as in the following bills: -Graduate Student Savings Act of 2019 (S. 448, H.R. 1194) -Retirement Security Act of 2019 (S. 321) -Retirement Enhancement and Savings Act of 2019 (S. 972, H.R. 1007) -Family Savings Act of 2019 (H.R. 1084) -Increasing Access to a Secure Retirement Act of 2019 (H.R. 1439) -Lifetime Income Disclosure Act (S. 1574, H.R. 2367) -Savings Enhancement by Alleviating Leakage in 401(k) Savings Act (Not yet reintroduced) -Retirement Plan Simplification and Enhancement Act (Not yet reintroduced) -Receiving Electronic Statements to Improve Retiree Earnings Act (Not yet reintroduced) -Small Businesses Add Value for Employees Act (SAVE Act) (Not yet reintroduced) -Automatic Retirement Plan Act (Not yet reintroduced) -Portability of Lifetime Income and Managed Account Options (Not yet reintroduced) -Retirement Security and Savings Act (S. 1431) -Retirement Parity for Student Loans Act (S. 1428) -The Setting Every Community Up for Retirement Enhancement Act (H.R. 1994) - Automatic IRA Act of 2019 (S.2370) Providing Lifetime Income Illustrations on Retirement Benefit Statements Defined Contribution Retirement Plan Design and Modernization Fiduciary Concerns Related to Advice and Education in Retirement Plans Stretch IRA Electronic Delivery of Plan Documents Tax Reform Preserving Tax-Deferred Treatment of Defined Contribution Plans Preserving the Structure of the Defined Contribution System (Retirement Plan Consolidation) Qualified Default Investment Alternatives (QDIA) Safe Harbor for Plan Sponsors Selecting Annuity Providers on Plan Menus Portability of Annuities in Defined Contribution Plans Automatic IRA/401(k) Retirement Plans Collective Investment Trusts in 403(b) Plans Multiple Employer Plans Infrastructure Student Loans

Client expense: $370,000 · Firm income: Not reported

H.R. 2367 - Lifetime Income Disclosure Act (Pocan) S. 1574 - Lifetime Income Disclosure Act (Isakson) Receiving Electronic Statements to Improve Retiree Earnings Act Department of Labor Fiduciary Rulemaking

Client expense: $1,310,000 · Firm income: Not reported

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, SENATE

Retirement Security as in the following bills: -Graduate Student Savings Act of 2019 (S. 448, H.R. 1194) -Retirement Security Act of 2019 (S. 321) -Retirement Enhancement and Savings Act of 2019 (S. 972, H.R. 1007) -Family Savings Act of 2019 (H.R. 1084) -Increasing Access to a Secure Retirement Act of 2019 (H.R. 1439) -Lifetime Income Disclosure Act (S. 1574, H.R. 2367) -Savings Enhancement by Alleviating Leakage in 401(k) Savings Act (Not yet reintroduced) -Retirement Plan Simplification and Enhancement Act (Not yet reintroduced) -Receiving Electronic Statements to Improve Retiree Earnings Act (Not yet reintroduced) -Small Businesses Add Value for Employees Act (SAVE Act) (Not yet reintroduced) -Automatic Retirement Plan Act (Not yet reintroduced) -Portability of Lifetime Income and Managed Account Options (Not yet reintroduced) -Retirement Security and Savings Act (S. 1431) -Retirement Parity for Student Loans Act (S. 1428) -The Setting Every Community Up for Retirement Enhancement Act (H.R. 1994) Providing Lifetime Income Illustrations on Retirement Benefit Statements Defined Contribution Retirement Plan Design and Modernization Fiduciary Concerns Related to Advice and Education in Retirement Plans Stretch IRA Electronic Delivery of Plan Documents Tax Reform Preserving Tax-Deferred Treatment of Defined Contribution Plans Preserving the Structure of the Defined Contribution System (Retirement Plan Consolidation) Qualified Default Investment Alternatives (QDIA) Safe Harbor for Plan Sponsors Selecting Annuity Providers on Plan Menus Portability of Annuities in Defined Contribution Plans Automatic IRA/401(k) Retirement Plans Collective Investment Trusts in 403(b) Plans Multiple Employer Plans Infrastructure Student Loans

Client expense: $330,000 · Firm income: Not reported

SEC Regulation Best Interest (17 CFR Part 240). SEC Commission Interpretation Regarding Standard of Conduct for Investment Advisers; Request for Comment on Enhancing Investment Adviser Regulation (17 CFR Part 275). SEC Form CRS Relationship Summary; Amendments to Form ADV; Required Disclosures in Retail Communications and Restrictions on the use of Certain Names or Titles (17 CFR Parts 240, 249, 275 and 279). DOL EBSA Proposed Definition of Employer under Section 3(5) of ERISA - Association Retirement Plans and Other Multiple-Employer Plans Rule (29 CFR Part 2510). Legislation and rulemaking affecting annuities, variable life products and retirement savings including Trump Administration and Congressional proposals on tax reform. Public Law 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2013, implementation and regulatory reform. Proposals at the Department of Treasury for increasing Americans' access to guaranteed lifetime income solutions. Proposals at the Department of Labor for increasing Americans' access to guaranteed lifetime income solutions. Department of Labor rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. Setting Every Community Up for Retirement Enhancement (SECURE) Act (H.R. 1994 - 116th Congress). Women's Retirement Protection Act (S.975/H.R. 2005 - 116th Congress). Retirement Enhancement and Savings Act (S.972/H.R. 1007 - 116th Congress). A bill to provide for an additional nondiscrimination safe harbor for automatic contribution arrangements (S.1020 - 116th Congress). A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to modify the requirements for multiple employer plans, and for other purposes (S.1011 - 116th Congress). A bill to avoid duplicative annual reporting under the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974, and for other purposes (S.354/H.R. 982 - 116th Congress). Increasing Access to a Secure Retirement Act (H.R. 1439 - 116th Congress). Primary Regulators of Insurance Vote Act of 2019 (S.1298/H.R. 2479 - 116th Congress). Lifetime Income Disclosure Act (S.1574/H.R. 2367- 116th Congress).

DOL - EBSA Proposed Definition of Employer under Section 3(5) of ERISA - Association Retirement Plans and Other Multiple-Employer Plans Rule (29 CFR Part 2510). SEC Proposal - Updated Disclosure Requirements and Summary Prospectus for Variable Annuity and Variable Life Insurance Contracts (17 CFR Parts 230, 232, 239, 240, 270, and 274). Legislation and rulemaking affecting annuities, variable life products and retirement savings including Trump Administration and Congressional proposals on tax reform. Proposals at the Department of Treasury for increasing Americans' access to guaranteed lifetime income solutions. Proposals at the Department of Labor for increasing Americans' access to guaranteed lifetime income solutions. Department of Labor rule to expand the scope of persons and entities that would be considered a fiduciary under the Employee Retirement Income Security Act. The Receiving Electronic Statements to Improve Retiree Earnings Act (H.R. 4610 - 115th Congress). The Automatic Retirement Plan Act of 2017 (H.R. 4523 - 115th Congress). The Retirement Plan Simplification Act of 2017 (H.R. 4524 - 115th Congress). Elder Protection and Abuse Prevention Act (H.R. 6744 - 115th Congress). Setting Every Community Up for Retirement Enhancement (SECURE) Act (H.R. 1994 - 116th Congress). Women's Retirement Protection Act (S.975/H.R. 2005- 116th Congress). Retirement Enhancement and Savings Act (S.972/H.R. 1007 - 116th Congress). A bill to provide for an additional nondiscrimination safe harbor for automatic contribution arrangements (S.1020 - 116th Congress). A bill to establish the Refund to Rainy Day Savings Program (S.1018 - 116th Congress). A bill to amend the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974 to modify the requirements for multiple employer plans, and for other purposes (S.1011 - 116th Congress). A bill to allow employers to offer short-term savings accounts with automatic contribution arrangements for financial emergencies (S.1019 - 116th Congress). Savings for the Future Act (H.R. 2120 - 116th Congress). Social Security 2100 Act (S.269/H.R. 860 - 116th Congress). SIMPLE Plan Modernization Act (S.322 - 116th Congress). Retirement Security Act of 2019 (S.321 - 116th Congress). Surviving Widow(er) Income Fair Treatment (SWIFT) Act (S.345 - 116th Congress). Increasing Access to a Secure Retirement Act (H.R. 1439 - 116th Congress). SEC Disclosure Effectiveness Testing Act (H.R. 1815 - 116th Congress). Retirement Security for American Workers Act (H.R. 1907 - 116th Congress). Senior Security Act (H.R. 1876 - 116th Congress). A bill to avoid duplicative annual reporting under the Internal Revenue Code of 1986 and the Employee Retirement Income Security Act of 1974, and for other purposes (S.354/H.R. 982 - 116th Congress). Expanding Access to Retirement Savings for Caregivers Act (H.R. 3078 - 116th Congress). Retirement Parity for Student Loans Act (S.1428 - 116th Congress). Legacy IRA Act (S.1257 - 116th Congress). Lifetime Income Disclosure Act (S.1574/H.R. 2367 - 116th Congress).

H.R. 2367 - Lifetime Income Disclosure Act (Pocan) S. 1574 - Lifetime Income Disclosure Act (Isakson) Receiving Electronic Statements to Improve Retiree Earnings Act

Client expense: $1,090,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE