Tina Anstett, J.D
ERISA Strategist
Published:
The 2026 midterm elections will determine control of Congress for the final two years of President Trump’s term. For the retirement-plan industry, however, the most important consequences may occur below the level of headline partisan control.
For financial advisors and plan sponsors, the central question is not simply, “Which party wins?” It is also, “Who will lead the committee with jurisdiction over retirement plans?”
Key takeaways
#1
Four committees matter most
House Ways and Means, Senate Finance, House Education and Workforce, and Senate HELP are the primary “gates”.
#2
What each election out come could mean
Understand which decisions could determine whether 2027 and 2028 produce a broad bipartisan retirement package
#3
Next Steps
Plan fiduciaries should avoid making investment or plan-design decisions based on election predictions