June 7, 2016
Retirement Savers Would Lose $1,375 A Year Due To Fiduciary Rule
The American Action Forum (@AAF) today released new research examining the impact of the fiduciary regulation on retirement savers. Specifically, AAF examines how much retirement savers would lose if they are unable to roll over their 401(k)s into an Individual Retirement Account. The research finds that it would cost $1,375 per account, per year, or a total of $4.2 billion a year.
Click here to read the research.