Graduate Student Savings Act of 2019

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

-H.R. 1994, Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 - to encourage retirement savings -H.R. 1007, S. 972, Retirement Enhancement and Savings Act of 2019 (RESA) - To amend the Internal Revenue Code of 1986 to encourage retirement savings, and for other purposes. -H.R. ___, Automatic Retirement Plan Act - to mandate employers provide employees with retirement savings opportunities, among other retirement related improvements. -S. __, Retirement Security and Savings Act - To amend the Internal Revenue Code of 1986 to encourage retirement and family savings, and for other purposes. (Portman/Cardin II) -H.R.1993, to modify the rules relating to multiple employer plans and pooled employer plans and to modify PBGC premiums for CSEC plans. -H.R. 397 Rehabilitation for Multiemployer Pensions Act 2019 - This bill establishes the Pension Rehabilitation Administration within the Department of the Treasury and a related trust fund to make loans to certain multiemployer defined benefit pension plans -H.R. 545, the Financial Relief for Feds Act - to allow penalty-free distributions from retirement accounts in the case of Federal employees and certain Federal contractors impacted by the Federal Government shutdown. -H.R. 860, the Social Security 2100 Act - To protect our Social Security system and improve benefits for current and future generations. -H.R. 1084, Family Savings Act of 2019 - To amend the Internal Revenue Code of 1986 to encourage retirement and family savings, and for other purposes. -H.R.1938 - To amend the Internal Revenue Code of 1986 to provide a credit to small employers providing an eligible automatic contribution arrangement under a retirement savings plan. (start-up credit to encourage plans with auto-enrollment features. Included in SECURE Act) -H.R. 1439, the Increasing Access to a Secure Retirement Act -to provide a fiduciary safe harbor for the selection of a lifetime income provider, and for other purposes. -H.R. 1043, S. 460, the Employer Participation in Repayment Act - This bill expands the tax exclusion for employer-provided educational assistance to include payments of qualified education loans by an employer to either an employee or a lender. -H.R. 1194, S. 448, the Graduate Student Savings Act - This bill allows funds paid to an individual to aid in the pursuit of graduate or postdoctoral study or research to be saved in an Individual Retirement Account (IRA). -S. 321 Retirement Security Act - amend the Internal Revenue Code of 1986 to modify safe harbor requirements applicable to automatic contribution arrangements -S. 322, SIMPLE Plan Modernization Act - making improvements to SIMPLE retirement accounts and easing the transition from a SIMPLE plan to a 401(k) plan -H.R. 4610 (2017), RETIRE Act - authorize the electronic delivery of pension plan documents required to be furnished to a plan participant, beneficiary, or other individual. -H.R.1815, SEC Disclosure Effectiveness Testing Act - require the Securities and Exchange Commission, when developing rules and regulations about disclosures to retail investors, to conduct investor testing -H.R.1043; S. 460, Participation in Repayment Act of 2019, Student Debt repayments through employer contributions -H.R.7203 (2018), Long-Term Care Account Act - allows tax-exempt long-term care accounts that are funded using a taxpayer's gains from the sale or assignment of a life insurance contract. -H.R. 1516. S. 647, Wall Street Tax Act - to impose a tax on certain trading transactions

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

HR 1194/S 448, Graduate Student Savings Act of 2019 (support)

Client expense: $70,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Energy, Dept of, HOUSE OF REPRESENTATIVES, Natl Institutes of Health (NIH), Natl Science Foundation (NSF), SENATE, Veterans Affairs, Dept of (VA)

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

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

-H.R. 1994, Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 - to encourage retirement savings -H.R. 1007, S. 972, Retirement Enhancement and Savings Act of 2019 (RESA) - To amend the Internal Revenue Code of 1986 to encourage retirement savings, and for other purposes. -H.R. ___, Automatic Retirement Plan Act - to mandate employers provide employees with retirement savings opportunities, among other retirement related improvements. -S.1431, Retirement Security and Savings Act - To amend the Internal Revenue Code of 1986 to encourage retirement and family savings, and for other purposes. (Portman/Cardin II) -H.R.1993, to modify the rules relating to multiple employer plans and pooled employer plans and to modify PBGC premiums for CSEC plans. -H.R. 397 Rehabilitation for Multiemployer Pensions Act 2019 - This bill establishes the Pension Rehabilitation Administration within the Department of the Treasury and a related trust fund to make loans to certain multiemployer defined benefit pension plans -H.R. 545, the Financial Relief for Feds Act - to allow penalty-free distributions from retirement accounts in the case of Federal employees and certain Federal contractors impacted by the Federal Government shutdown. -H.R. 860, the Social Security 2100 Act - To protect our Social Security system and improve benefits for current and future generations. -H.R. 1084, Family Savings Act of 2019 - To amend the Internal Revenue Code of 1986 to encourage retirement and family savings, and for other purposes. -H.R.1938 - To amend the Internal Revenue Code of 1986 to provide a credit to small employers providing an eligible automatic contribution arrangement under a retirement savings plan. (start-up credit to encourage plans with auto-enrollment features. Included in SECURE Act) -H.R. 1439, the Increasing Access to a Secure Retirement Act -to provide a fiduciary safe harbor for the selection of a lifetime income provider, and for other purposes. -H.R. 1043, S. 460, the Employer Participation in Repayment Act - This bill expands the tax exclusion for employer-provided educational assistance to include payments of qualified education loans by an employer to either an employee or a lender. -H.R. 1194, S. 448, the Graduate Student Savings Act - This bill allows funds paid to an individual to aid in the pursuit of graduate or postdoctoral study or research to be saved in an Individual Retirement Account (IRA). -S. 321 Retirement Security Act - amend the Internal Revenue Code of 1986 to modify safe harbor requirements applicable to automatic contribution arrangements -S. 322, SIMPLE Plan Modernization Act - making improvements to SIMPLE retirement accounts and easing the transition from a SIMPLE plan to a 401(k) plan -H.R. 4610 (2017), RETIRE Act - authorize the electronic delivery of pension plan documents required to be furnished to a plan participant, beneficiary, or other individual. -H.R.1815, SEC Disclosure Effectiveness Testing Act - require the Securities and Exchange Commission, when developing rules and regulations about disclosures to retail investors, to conduct investor testing -H.R.1043; S. 460, Participation in Repayment Act of 2019, Student Debt repayments through employer contributions -H.R.7203 (2018), Long-Term Care Account Act - allows tax-exempt long-term care accounts that are funded using a taxpayer's gains from the sale or assignment of a life insurance contract. -H.R. 1516. S. 647, Wall Street Tax Act - to impose a tax on certain trading transactions S. 1011, Small Business Employees Retirement Enhancement Act-eliminate barriers to the formation of open multiple employer plans (MEPs) S. 1020, Retirement Flexibility Act - incentivize the adoption of automatic enrollment and automatic escalation by establishing three new regulatory safe harbors. S. 1019, Strengthening Financial Security Through Short-Term Savings Act - allow employers to automatically enroll their workers into emergency savings accounts (ESAs) in addition to retirement accounts. S. 1018, Refund to Rainy Day Savings Act -allow individuals to defer receipt of 20 percent of their tax refund for 180 days, at which time the deferred amount is paid with interest. H.R. 2120, S. 1053, Saving for the Future Act - require employers with 10 or more employees to contribute 50 cents for every hour worked by an employee (including part-time employees) to a savings account. HR 3351, Financial Services and General Government Appropriations Act -prohibit the SEC from implementing or enforcing Regulation Best Interest. H.R. 1876, Senior Security Act of 2019 - to establish an interdivisional task force at the Securities and Exchange Commission (SEC) to develop recommendations to increase protections for older investors who are most vulnerable to exploitation. S. 1435, Federal Retirement Commission Act - establish a federal commission to review private retirement benefit programs and submit a report to Congress S. 354/H.R. 982, 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 H.R. 3078, Expanding Access to Retirement Savings for Caregivers Act - To amend the Internal Revenue Code of 1986 to reduce the age for making catch-up contributions to retirement accounts to take into account time out of the workforce to provide dependent care services. S. 321, Retirement Security Act of 2019 - amend the Internal Revenue Code of 1986 to modify safe harbor requirements applicable to automatic contribution arrangements H.R. 1907, Retirement Security for American Workers Act - To amend the Internal Revenue Code of 1986 to modify the qualification requirements with respect to certain multiple employer plans with pooled plan providers, and for other purposes. H. Res. 328, Supporting the protection of elders through financial literacy - expresses the understanding that continued education and cooperation among law enforcement, financial institutions, regulatory agencies, and private sector organizations are necessary to combat elder financial exploitation. S. 345, Surviving Widow(er) Income Fair Treatment (SWIFT) Act - To amend title II of the Social Security Act to increase survivors benefits for disabled widows, widowers, and surviving divorced spouses S. 975/H.R. 2005, Women's Retirement Protection Act - To amend the Employee Retirement Income Security Act of 1974 to provide for greater spousal protection under defined contribution plans Issue: SEC/DOL Best Interest Standard of Care S. 1950, Strengthen Social Security by Taxing Dynastic Wealth Act - undo the changes to the estate tax made under the Tax Cuts and Jobs Act in 2017, restoring estate and gift tax to 2009 levels to fund Social Security

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 (Not yet reintroduced) -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 (Not yet reintroduced) -Retirement Parity for Student Loans Act (Not yet reintroduced) 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: $450,000 · Firm income: Not reported

Submitted Comments to the Dept of Education regarding Title IX Submitted Comments to congress on the Reauthorization of the Higher Education Act H.R. 276, the Recognizing Inspiring School Employees (RISE) Act H.R. 865, Rebuild Americas Schools Act H.R. 1, the For the People Act of 2019 Discussions surrounding Public Service Loan Forgiveness H. Res 231, Clarifying that the U.S. Department of Education cannot allow school districts to use federal funds for the purpose of arming teachers Trauma-Informed Schools Act (H.R. 7320 in 115th Congress) S.579 Smaller Class Sizes for Students and Educators Act of 2019 S.568 Child Care for Working Families Act H.R.1364 Child Care for Working Families Act S. 213/H.R. 787, the SOAR Reauthorization Act H.R. 1486, the Preventing Sexual Abuse of K-12 Students Act S. 866/H.R. 1878, the IDEA Full Funding Act S. 1172, the Keep Our PACT Act S. 532/H.R. 1229, the Preserving Teacher Loan Forgiveness for Military Spouses Act S. 545/H.R. 1153, the Reaching English Learners Act S. 672/H.R. 1571, the Debt Free College Act S. 867, the PROTECT Student Act Student Loan Refinancing Act (HR 1614 in 115th Congress) S. 448/H.R. 1194, the Graduate Student Savings Act S. 1203, the What You Can Do for Your Country Act S. 1036, the Affordable College Textbook Act S. 609, the Protecting JOBS Act

Client expense: $416,005 · Firm income: Not reported

-H.R. 1994, Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 - to encourage retirement savings -H.R. 1007, S. 972, Retirement Enhancement and Savings Act of 2019 (RESA) - To amend the Internal Revenue Code of 1986 to encourage retirement savings, and for other purposes. -H.R. ___, Automatic Retirement Plan Act - to mandate employers provide employees with retirement savings opportunities, among other retirement related improvements. -S. __, Retirement Security and Savings Act - To amend the Internal Revenue Code of 1986 to encourage retirement and family savings, and for other purposes. (Portman/Cardin II) -H.R.1993, to modify the rules relating to multiple employer plans and pooled employer plans and to modify PBGC premiums for CSEC plans. -H.R. 397 Rehabilitation for Multiemployer Pensions Act 2019 - This bill establishes the Pension Rehabilitation Administration within the Department of the Treasury and a related trust fund to make loans to certain multiemployer defined benefit pension plans -H.R. 545, the Financial Relief for Feds Act - to allow penalty-free distributions from retirement accounts in the case of Federal employees and certain Federal contractors impacted by the Federal Government shutdown. -H.R. 860, the Social Security 2100 Act - To protect our Social Security system and improve benefits for current and future generations. -H.R. 1084, Family Savings Act of 2019 - To amend the Internal Revenue Code of 1986 to encourage retirement and family savings, and for other purposes. -H.R.1938 - To amend the Internal Revenue Code of 1986 to provide a credit to small employers providing an eligible automatic contribution arrangement under a retirement savings plan. (start-up credit to encourage plans with auto-enrollment features. Included in SECURE Act) -H.R. 1439, the Increasing Access to a Secure Retirement Act -to provide a fiduciary safe harbor for the selection of a lifetime income provider, and for other purposes. -H.R. 1043, S. 460, the Employer Participation in Repayment Act - This bill expands the tax exclusion for employer-provided educational assistance to include payments of qualified education loans by an employer to either an employee or a lender. -H.R. 1194, S. 448, the Graduate Student Savings Act - This bill allows funds paid to an individual to aid in the pursuit of graduate or postdoctoral study or research to be saved in an Individual Retirement Account (IRA). -S. 321 Retirement Security Act - amend the Internal Revenue Code of 1986 to modify safe harbor requirements applicable to automatic contribution arrangements -S. 322, SIMPLE Plan Modernization Act - making improvements to SIMPLE retirement accounts and easing the transition from a SIMPLE plan to a 401(k) plan -H.R. 4610 (2017), RETIRE Act - authorize the electronic delivery of pension plan documents required to be furnished to a plan participant, beneficiary, or other individual. -H.R.1815, SEC Disclosure Effectiveness Testing Act - require the Securities and Exchange Commission, when developing rules and regulations about disclosures to retail investors, to conduct investor testing -H.R.1043; S. 460, Participation in Repayment Act of 2019, Student Debt repayments through employer contributions -H.R.7203 (2018), Long-Term Care Account Act - allows tax-exempt long-term care accounts that are funded using a taxpayer's gains from the sale or assignment of a life insurance contract. -H.R. 1516. S. 647, Wall Street Tax Act - to impose a tax on certain trading transactions