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 requires 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.
Related: PART 2 of The Fiduciary Rule is Dead
Unfortunately, the Fiduciary Rule was vacated by the 5th Circuit Court of Appeals, and things are back to the 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.
