DOJ Says DOL Fiduciary Rule Delay Coming Wednesday
In court filing, DOJ says OMB review of Labor’s draft fiduciary rule is "nearly complete."
3 Steps to Offering Fiduciary-Friendly Rollover Advice
Financial advisors can proactively take these steps to help make the most of the rollover opportunity while preparing for potential changes in the future.
Save Our Savings Coalition Launches in Face of Tax Reform
Groups worry that the tax incentive for retirement plans will be reduced.
What Are Taxes on a Lump Sum Payout of an Annuity?
Find out the tax consequences when an annuity owner takes the lifetime maturity proceeds or cash surrender value in a lump sum cash payment.
Consumers Rate Most Trustworthy Financial Firms: Hearts & Wallets
Hearts & Wallets released a survey that identified which financial institutions consumers were more likely to trust.
Despite DOL Fiduciary Suspension, Merrill, Morgan Stanley Roll Out Products
Despite the delayed applicability of the DOL fiduciary rule ordered by President Trump, advisors are providing guidance to small-business owners looking to offer 401(k)s.
CBO: Social Security, Medicare to Eat Up More Federal Spending
Entitlement spending for people 65 and older is on track to be “about half of all federal noninterest spending” by 2047, the CBO says.
Senate Moves to Block Retirement Plans Run by States, Cities
The action follows resolutions passed in the House to roll back what GOP lawmakers say are "misguided" Obama-era rules.
FINRA to Protect Senior Investors With 2 New Rules
FINRA says temporary holds and extra contact information are critical to preventing financial abuse.
IRS Issues Excise Tax Relief Related to DOL Fiduciary Rule
The guidance syncs IRS’ enforcement of excise tax rules on prohibited transactions with DOL's temporary enforcement policy.