529 Plans Continue to Grow in Popularity, But More Education is Needed
As 529 Savings Plans have become increasingly more flexible there has been growth in assets and account balances, but uptake...
Tag: IRA rollovers
DOL May Not Have the Authority Over IRAs It Thinks It Has
Critics of the Retirement Security Rule argue that at a minimum, DOL cannot regulate IRA to IRA rollovers.
What Does Regulation Best Interest Say About Rollovers?
The SEC has explained that advisers must have a reasonable basis to believe moving assets from a former employer’s plan...
Congressional Hearing Highlights Arguments for, Against Retirement Security Proposal
The House of Representatives hosted a second hearing on the retirement security proposal, during which witnesses disagreed on the adequacy...
Fiduciary Proposal May Be Extremely Expensive to Implement, Oxford Survey Finds
The biggest costs would come from disclosure requirements related to rollover decisions, according to a survey commissioned by a financial...
No Additional Time for Fiduciary Proposal Comment, EBSA Confirms
An EBSA letter to SIFMA confirmed the 60-day comment period will proceed as originally planned.
Trade Groups Say 60-Day Comment Period Is Not Enough for the Fiduciary Rule
Industry associations write to the DOL arguing that the new proposal is too long and complicated for just a 60-day...
‘Important Step’ or ‘Out of Touch’? Reactions to DOL Proposal Run the Gamut
Financial sector responds to proposed amendments to advice regarding retirement plan rollovers and annuity sales.