Senator Asks That Implementation of Fiduciary Rule Be Ceased |
The Senator suggests that the new administration and Congress will likely unwind the rule, so the Labor Department should not impose unnecessary costs on advisers.
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Advisers and Clients Slow Innovation to Prevent Litigation |
The defined contribution retirement plan market saw an unprecedented number of lawsuits brought against plan sponsors and their providers in 2016, according to Cerulli Associates.
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Will HSAs Become the 401(k)s for Health Care Savings? |
HSAs are gaining more acceptance as concerns about health care costs in retirement increase, and interestingly, they seem to be following a similar path as 401(k) plan growth.
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Partnering on Holistic Advice |
Retirement plan advisers may consider teaming up with other professionals to offer complete, holistic advice about HSAs, 529 college savings plans, saving for a mortgage, developing a sound budget, paying down debt, caring for an elderly parent, estate planning and other topics.
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