Congressman Honored With FEI Public Policy Award

Financial Executives International (FEI) honored The Honorable Rob Portman (R-Ohio) with the organization's first Public Policy Excellence Award.

FEI bestowed the honor on Portman based on his accomplishments in retirement security and pension reforms, especially with the current bill called the Portman-Cardin plan.

In essence, the plan simplifies many aspects of retirement, removes regulatory road block and enables more businesses to offer pension plans. The plan also raises contribution limits, enabling retirement plan participants to set aside more of their earnings tax-free.

A six-year veteran of Congress, Portman has written or helped write nine bills, all of which passed the House and Senate and were enacted into law by President Clinton.

'Congressman Portman's Comprehensive Retirement Security and Pension Reform Act, introduced in March of last year, is the leading bill on the pension issue in Congress this year,' says FEI President and CEO Philip B. Livingston. 'The plan makes common sense changes which will help businesses offer pension plans.'

You may like these other stories...

By Jason Bramwell Government leaders of eight of the world's largest economies pledged on June 18 to take a tougher stance on fighting tax evasion. The Group of Eight (G8) leaders, who met in Northern Ireland,...
By Jason BramwellAttorney General Eric Holder is scheduled to testify on May 15 before the House Judiciary Committee, one day after he announced the Justice Department has opened a criminal investigation of the IRS for...
By Jason BramwellPresident Barack Obama says he will not tolerate political bias at the IRS and promised to get to the bottom of the agency's admitted targeting of conservative groups, according to a May 13 article in...

Upcoming CPE Webinars

Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.
May 1
This material focuses on the principles of accounting for non-profit organizations’ expenses. It will include discussions of functional expense categories, accounting for functional expenses and allocations of joint costs.