DOL Fiduciary Rule to Revamp Regulation of Advice to Plans and IRAs

DOL Fiduciary Rule to Revamp Regulation of Advice to Plans and IRAs

If adopted as proposed, we believe that the rule will profoundly affect how members of the financial services industry provide services to plans and Individual Retirement Accounts (IRAs). The proposal includes a revised and broader definition of …

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Expect tumult for broker-dealers if DOL fiduciary plan goes through

The DOL released its newly minted “definition of fiduciary” reproposal on Tuesday afternoon, adding to it a block of related regulation in the form of prohibited transaction exemptions. … This exemption permits broker-dealer reps and insurance agents …

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How To Protect Your Social Security Benefits From Gov. Christie

Then there was the short-lived “success tax,” which imposed a penalty on retirees who took too much out of their IRAs, even if the amount being taken out was equal to the minimum demanded by another rule (under pain of another penalty). That tax has …

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