Flurry of lawsuits filed to overturn DOL fiduciary rule
Less than two months after the Department of Labor (DOL) released its final fiduciary rule, a flurry of lawsuits has been filed to overturn it. The DOL’s controversial rule ...
The latest from Dennis Zuehlke
6 steps Baby Boomers should take to prepare for IRA changes
Bill Clinton, Cher, Candice Bergen, Andrea Mitchell—household names in the world of politics, entertainment, and journalism—are, along with thousand of your members, reaching age 70 this year. As ...
Department of Labor issues Final Fiduciary Rule
The Department of Labor (DOL) has released its long-awaited final fiduciary rule and clarified that IRAs—along with Archer medical savings accounts (MSAs), health savings accounts (HSAs), and Coverdell education ...
Congress seeks to derail Department of Labor fiduciary rule
With the Department of Labor’s (DOL) release of the final fiduciary rule imminent, Congress is stepping up scrutiny of the rulemaking process. Legislative efforts are underway to stop the ...
President’s final budget proposal promotes increased access to retirement plans
President Obama’s final fiscal year budget proposal is a record $4.1 trillion package that includes provisions to increase access to retirement plans and portability of retirement benefits. Many ...
Promote saving for retirement during America Saves Week 2016
America Saves Week 2016 kicks off February 22, 2016, and this year’s theme, “Making Savings Automatic,” is tailor made for credit unions to promote saving for retirement. The America ...
Tax Extenders bill makes qualified charitable distributions permanent
Congress has passed legislation that retroactively extends qualified charitable distributions (QCDs) from Traditional and Roth IRAs to January 1, 2015, and makes the provision permanent going forward. The provision—which ...
Treasury Department announces national launch of myRA® Program
The Department of the Treasury has announced the national rollout of myRA® with expanded funding options after concluding the initial pilot phase of the program that saw about 3,000 ...