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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 proposal would require investment advisers to adhere to “high standards of care and loyalty” when they make investment recommendations, according to an Oct. 31 news release.
The original Build Back Better bill included changes to required minimum distributions for some retirement accounts. In his fiscal year 2024 budget proposal, Biden took aim at retirement accounts ...
Biden has proposed a 4-point plan to boost the program that would mostly impact high earners and company executives, who tend to have much bigger retirement savings accounts than the typical ...
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 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 ...
While the SECURE Act 2.0 made strides to help Americans save for a more secure retirement, the Insured Retirement Institute (IRI) has called for further action. In a letter written on July 12, the ...
The Department of Labor’s proposal will close governance loopholes and require financial advisors to give retirement advice in the best interests of savers rather than chasing the highest payday.