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Ending Conflicted Advice
The 401k and 403b investment offerings are a mess and the US Labor Department would like to make it better, but the financial product industry opposes mandating truly honest investing advice. Salespeople aggressively push expensive or unsuitable products, while the low cost products are hidden from participants view. What can you do to avoid the bad products and fiind the best retirement investments for you? Plus, listeners wasnt to know:
- What is our problem with target-date funds?
- Can an inherited IRA be gifted away?
- What should be done with investments when someone enters long-term care?
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Published on 2 years, 2 months ago