Employee Benefits in the Trump Administration

With President Donald Trump now in the Oval Office, and both the Senate and House of Representatives being now controlled by the Republican party, changes to the regulatory agencies, their mandates and focus and tax reform all come into play to impact employee benefits.  Republicans now have the opportunity to set the policy agenda and to move major pieces of legislation that could significantly impact the health and retirement systems, with these being the two expenditures on the books.  In the spotlight is the Affordable Care Act (ACA), where Republicans are actively pursuing legislation to roll back and replace key portions of the ACA.  The Republicans are also focusing on major changes to the Internal Revenue Code and various regulations, which could profoundly impact the retirement system. Please see the attached article is a brief look at what may be coming in 2017.