fiduciary rule

Massachusetts Fiduciary Rule – what it means to the financial industry

Recommending investing in a tax deferred account to receive a tax break today, may wind up landing advisors in courts tomorrow. The foundation of financial plans is traditionally anchored in amassing qualified dollars. The unintended consequence of amassing those dollars is a direct increase in the cost of Medicare, a subsequent erosion of Social Security […]

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From the Fiduciary Rule to the myRA to the Government regulating Employer Retirement Plans

In the past 6 months the federal government has already expanded the fiduciary rule, which states that a person controlling another person’s assets must place that person’s needs before them, along with designing the myRA, a retirement account for individuals that do not have access to an Employer Retirement Plan, i.e. a 401(k).

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