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A webinar on March 19: If you recommend annuities, or just want to understand how the fiduciary rules will apply to those recommendations, this is the opportunity to get a deeper understanding. https://bit.ly/49AKr9K

What the New DOL Fiduciary Rule Means for Your Clients https://buff.ly/4bfy1V0

Do you know the difference between the bond and fiduciary liability coverage?  The two are easy to confuse but check out the quick video to learn more including: 💡 The bond is a requirement under ERISA section 412. 💡 Fiduciary liability coverage is optional but helps protect fiduciaries (think committee members) from claims of mismanagement and the legal liability related to serving as a fiduciary. 💡 ERISA Bond has to be reported on the Form 5500. The general rule of thumb is that the bond must be 10% of the plan assets or at least $1,000 in coverage and the DOL does not require greater than $500,000 bond – unless the plan has employer securities. Sean Cooper Adrian Ramirez, CIMA® Chris Simmers Molly Treichel Endeavor Retirement Endeavor Law #erisa #fiduciaryduty

💡The Frugal Fiduciary's Tip of the Week💡 “Starting in 2024, a SIMPLE IRA can be replaced mid-year with a traditional or QACA safe harbor 401(k) plan due to law change under SECURE 2.0.” Read more about replacing a SIMPLE IRA with a 401(k) here: https://hubs.ly/Q023nF4b0

More pain for Fiduciaries. Is your advisor in front or behind the issue?

Marian Cantrell, expert forensic accountant at Evelyn Partners together with Claudine Morgan, legal director, dispute resolution Charles Russell Speechlys discuss why calculating potential claims under s214 Insolvency Act 1986 can be far from simple. Read the full article here: https://lnkd.in/eHbFhCZX #InsolvencyLaw #forensicaccounting #InsolvencyAct1986

RMD’s landscape, she is a changing. If you're subject to required minimum distributions (#RMDs) and have annuitized part of your #IRA, a recent law change could drastically reduce your RMDs. But, without IRS guidance, it may be difficult to take advantage of that change. More in today's Slott Report: https://bit.ly/3DX4Pn1

Get ahead of the curve with our upcoming webcast hosted with Broadridge! Join us on March 18, as we delve into the implications of the New DOL Fiduciary Rule for your asset management business. Our panel of experts will provide valuable insights into the rule's impact on IRA rollovers and retirement plans. Discover what's required today, anticipated changes, and best practices for compliance. Click to reserve your spot now: https://hubs.ly/Q02pv1-R0 #FiduciaryRule #DOL #assetmanagement Charlie Stout, John La Monica, Jason Roberts, Steve Niehoff, David Palascak

💡The Frugal Fiduciary's Tip of the Week💡 “The SECURE 2.0 rules for terminating a SIMPLE IRA mid-year are generally straightforward. However, the replacement process requires some planning to meet legal requirements.” Read our 5-step checklist for replacing a SIMPLE IRA with a 401(k) here: https://hubs.ly/Q02lFrjT0

What the New DOL Fiduciary Rule Means for Your Clients