Americans were making so many mistakes with their retirement accounts that the DOL stepped in and created the Fiduciary Rule. Today this rule is dead.

While the goal was to get investors away from expensive commission based products, too many loopholes and lobbyists were involved and the fiduciary rule is now dead. Until then it is up to you to know what fees you are paying. Today I discuss how to protect yourself from bad retirement products. Other topics include:

• Social Security cost of living adjustments
• Target date funds
• Self employed savings options
• Retirement mistakes
• Self employment tax

 

 

Come join Rob Black at our 10 Pillars of Retirement Income Planning Seminar. This seminar will be held on Thursday, June 28th at the Palo Alto Elks Lodge and starts at 6:30 pm. Registration is only $25 so click HERE to sign up!

 

Email your money question to [e-mail] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.