The Frugal Fiduciary Blog

Keeping my Fingers Crossed for 401k Reform in Tonight’s SOTU Address

Posted by Eric Droblyen on Jan 20, 2015

President Barack Obama will give his State of the Union address at 9 p.m. Eastern tonight. During this speech, he is expected to propose reforms to our private retirement plan system. If he does, it will be second year in a row the president addressed retirement plan reform. Last year, the president created the myRA, a new type of retirement account. If you read my last blog, you know I am not a fan of the myRA. This year, I hope the president will do better by announcing his support for the DOL’s proposed fiduciary rule for advisors overseeing retirement plans, now called the “conflict of interest rule for investment advice.”
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Topics: small business retirement plans, retirement plans, 401k blog, small business 401k, 401(k), President Obama

Former Obama administration official offers a plan to “fix” the tax incentives for retirement plans. Here is why it is dead wrong.

Posted by Greg Carpenter on Jul 29, 2014

Small Business Retirement Plans
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Topics: small business retirement plans, retirement plans, 401k blog, Gene B. Sperling, small business 401k, 401(k), President Obama

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