LINCOLN NATIONAL CORPORATION

RET · Retirement

Public Law 117-328 Consolidated Appropriations Act of 2023. Issue: SECURE 2.0 implementation. HR 1013/S 424 Fairness for Charities and Educational Institutions Act of 2025. Issue: expansion of investment options for 403(b) plans. HR 2598 Transparency for Secret Litigation Agreements Act. Issue: ERISA plan sponsors and fiduciaries. HR 2869 EBSA Investigations Transparency Act. Issue: EBSA audits. No bill number. Retirement Simplification and Clarity Act. Issue: individual retirement annuities. No bill number. Issue: Department of Labor's proposed regulation defining fiduciary for investment advice purposes. No bill number. Issue: Lifetime income products in qualified retirement plans. No bill number. General Accounts Product Corrections Act. Issue: Fiduciary responsibilities for insurance company general accounts. No bill number. Issue: EO 14330, Democratizing Access to Alternative Assets for 401(k) Investors.

Literal federal measure citations: HR 1013, S 424, HR 2598, HR 2869

FIN · Financial Institutions/Investments/Securities

HR 2441 Improving Disclosures for Investors Act. Issue: electronic delivery of certain required disclosures. S 2750 SANDBOX Act. Issue: artificial intelligence. No bill number. Issue: data privacy.

Literal federal measure citations: HR 2441, S 2750

TAX · Taxation/Internal Revenue Code

HR 1 / PL 119-21 One Big Beautiful Bill Act. HR 2547/S 1335 Secure Family Futures Act. Issue: debt investment tax change from capital to ordinary. Public Law 117-169. Issue: implementation of corporate minimum tax. S ___ Protecting Proper Life Insurance (PPLI) from Abuse Act. Issue: private placement life insurance. No bill number. Issue: life insurance tax stabilization.

Literal federal measure citations: HR 1, HR 2547, S 1335