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Advice about 401(k) rollovers is poised for a big change. Here’s why

Johner Images | Johner Images Royalty-free | Getty ImagesSuch recommendations may be tainted by conflicts of interest under the current rules, the agency says.Rollovers...

Labor Department Implements Rule Aimed at Curbing Inaccurate Retirement Savings Advice

The U.S. Department of Labor headquarters in Washington.Al Drago/Bloomberg via Getty ImagesIn legal terms, the final rule expands the scope of when a broker,...

Policy changes look to reduce 401(k) plan ‘leakage’

Sturti | E+ | Getty ImagesLeaks aren't just a problem for pipes.Billions of dollars a year drip from the U.S. retirement system when...

401(k), IRA balances fell for older millennials, young Gen Xers during the pandemic. Here’s why

Valentinrussanov | E+ | Getty ImagesRetirement balances for midcareer workers declined between 2019 and 2022, despite gains on financial assets like stocks over...

A 401(k) rollover is ‘the single largest transaction’ many investors make, expert says. What to know before doing it

D3sign | Moment | Getty ImagesMillions of people move money from a workplace 401(k) plan to an individual retirement account each year.Such "rollovers"...

Biden administration to crack down on ‘junk fees’ in retirement plans

Julie A. Su, nominee for deputy secretary of Labor, testifies during her Senate Health, Education, Labor and Pensions Committee confirmation hearing in Washington,...

Investors roll more than $600 billion a year to IRAs. Anticipated Labor Department rules could raise their protections

The U.S. Department of Labor building in Washington, D.C.The Washington Post | The Washington Post | Getty ImagesThere's a 'tsunami' of rollovers to...

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