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Mark June 9, 2017 on your calendar. That’s the day the lowly IRA entered the retirement plan big leagues. Previously, IRAs had significantly less regulatory oversight than ERISA plans. But with the redefinition of “fiduciary” in the DOL’s conflict-of-interest (aka, “fiduciary”) rule, IRAs now fall under the ERISA regulatory umbrella.

Christopher Carosa

BenefitsPRO

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