3 IRA Transactions Exempt From DOL Fiduciary Level Fee Rule
There are three recommendations that are fiduciary in nature and automatically result in prohibited transactions under DOL's fiduciary rule, and they all involve IRAs.
Law Firms Risked It All on 401(k) Fee Suits, and It’s Paying Off
Despite some major recoveries in class actions over excessive 401(k) fees, few lawyers are willing to litigate these cases.
Finding the Best Options for Lump Sum Pension Buyouts
How to help clients presented with lump sum windows from pensions decide whether to take the lump sum and how to invest it.
401(k) Lawsuit Accuses Morgan Stanley and Board of Self-Dealing
A former employee says Morgan Stanley knows exactly who should buy its worst performing funds: the bank’s own workers.
The Post-70 ½ Retirement Plan Contribution Rules
By the time many clients reach age 70 ½, they are ready to enjoy retirement and are well aware of the obligation to begin taking required minimum distributions (RMDs) from various retirement accounts.
HSAs: The Retirement Savings Tool Most Clients Aren't Using (Yet)
Health savings accounts combine the tax advantages of 401(k)s and Roth IRAs, making them an effective way to save for health costs in retirement.
Latest 403(b) Suit Targets Columbia University
"Until employers recognize their duties and fulfill their duties, these cases will keep coming," says lawyer Charles Field of Sanford Heisler.
College Costs: Kids’ Expectations vs. Parents’ Ability to Pay
Most children think their parents will pay all their college costs, but parents, many with their own student debt, have different ideas, a survey found.
More Americans Have Increased Their Retirement Savings in 2016: Bankrate
Bankrate.com found that 21% of working Americans are saving more for retirement, the highest level reported in five years.
Hundreds of Thousands of 401(k)s Up for Grabs After DOL Fiduciary Rule
Broker-dealers are wondering what to do with small plan sponsor clients serviced by generalist wealth managers.