This is the 1st episode of The Retirement Rant!
We talk all about what it means to be a fiduciary and how the DOL’s Fiduciary Rule is now DEAD… The Fiduciary Rule required that all financial advisors act as a Fiduciary when providing services to ERISA covered retirement accounts. This means that advisors would legally be required to put your interests ahead of their own (NO BRAINER!). ERISA covered plans include IRAs, 401ks, 403bs, and pension plans.
Unfortunately the Fiduciary Rule was vacated by the 5th Circuit Court of Appeals and things are back to status quo.
Whether you’re a business owner, CFO, HR Manager, or just a participant in a retirement plan you need to watch this informative video!
If there is a specific topic you would like me to cover please reach out at jkolinsky@kolinskywealth.com. I want this to be a community and would love to hear from you.
