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Roughly 35% of Americans consult with a financial advisor, according to data cited by Financial Strategists. However, some unscrupulous financial advisers are chipping away at people's retirement...
The Biden administration finalized a rule cracking down on retirement advice last month that one Democrat and Republicans are already pushing to overturn. Here’s what you need to know about the ...
Called the fiduciary standard, the rule means investment professionals have to act in their client’s best interests rather than their own when advising them on their individual retirement ...
Executive Order 14067. Guaranteeing that digital assets are developed in a responsible manner. Executive Order 14067, officially titled Ensuring Responsible Development of Digital Assets, was signed on March 9, 2022, and is the 83rd executive order signed by U.S. President Joe Biden. The ultimate aim of the order is to develop digital assets in ...
Biden has proposed raising the corporate tax rate from 21% to 28%. This rate was lowered by the Republican's 2017 Tax Cuts and Jobs Act from 35% to 21%, so Biden's proposal represents a partial reversal. The 21% tax rate does not expire, in contrast to the individual rates, so legislation would be required to raise it.
President Biden promotes his Build Back Better Plan at Germanna Community College, Virginia, on February 10, 2022. The Build Back Better Plan or Build Back Better agenda was a legislative framework proposed by U.S. president Joe Biden between 2020 and 2021. Generally viewed as ambitious in size and scope, it sought the largest nationwide public ...
Most Americans depend on private investment accounts such as 401(k)s to build their nest eggs, which means they also depend on retirement planners to make smart investment decisions. This involves ...
President Joe Biden’s administration proposed a new rule that aims to protect Americans from being scammed out of their retirement savings by unscrupulous financial advisers.