The Labor Department's Rule and Rollover Recommendations.

Elevating Investment Standards: The Labor Department’s Rule and Rollover Recommendations.

The Labor Department’s Rule and Rollover has introduced a new rule set to revolutionize the guidance investors receive regarding rolling over funds from 401(k) plans to individual retirement accounts (IRAs), according to legal experts. Issued on April 23, the rule, dubbed the “fiduciary” rule, aims to elevate the standards for brokers, financial advisors, and insurance…

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