Magazine
The Latest

Browsing Category

Your 401(k) News

8447 posts

401(k) Specialist is your premier source for 401(k) news and retirement planning, especially for those navigating the complexities of 401(k) plans. It provides an unparalleled depth of knowledge through expert insights, focusing on regulations, investment strategies, and best practices. With comprehensive coverage on everything from regulatory changes to practical saving tips, it ensures advisors are well-informed on maximizing their clients’ retirement savings. 401(k) Specialist also highlights industry trends and innovations, offering actionable advice for optimizing contributions and investment choices. Furthermore, its educational resources facilitate continuous learning, making it an essential tool for both novices and seasoned professionals in 401(k) planning.

Jason Berkowitz, IRI
Read More
1 minute read

IRI’s Jason Berkowitz: Why Biden’s Fiduciary Rule Gets it Wrong

The American Retirement Association approves the Department of Labor's latest ERISA fiduciary definition update, while insurers dispute its necessity, labeling it a regulatory overreach on investment advice. Jason Berkowitz from the Insured Retirement Institute outlines significant issues with the proposed ERISA changes, critiquing both the policy and President Biden's recent statements on the retirement sector. Berkowitz examines the five-part test and Prohibited Transaction Exemptions' effects on ERISA fiduciaries, reflecting the lifetime income industry's regulatory stance.
byBrian Anderson
November 6, 2023