Never belittle the question or the person asking the question. These are sincere queries that represent commonly held beliefs. These beliefs live a Schrodinger Cat-like existence, being generally not quite true and not quite false. It’s critical, for the benefit of all retirement savers, that these questions be asked and that fiduciaries encourage their asking. This is the only way that allows the fiduciary to respond in the second noteworthy way: By using these questions to refute misconceptions and promote good retirement saving decision-making.
Tag "taxes"
It’s often difficult for those not immersed in the everyday concerns of retirement saving to know what to ask (let alone how to interpret the answers). It’s up to plan sponsors and the service providers they employ to guide plan participants along the proper route.
The Impact of Election, DOL targets advisor fees and Viannuity?
It’s like winning the lottery. In exchange for getting money you wouldn’t have otherwise received, you’ll have to give some of it to Uncle Sam. Uncle Sam gets more taxes. You get more money. It’s a win-win!
Tax reform to take bite of 401ks? Can SEC draw fire from both sides? What is ‘Plan B’ for fees?
Here comes the USCFSB, the problem of taxes and retirement plans and more bad news for TDFs.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 6/16/17
HSA in fiduciary cross-hairs, fiduciary first thoughts, and a new investment hope.