DOL lifetime income rule under fire from lawmaker
Sen. Richard Neal, D-Mass., criticized the measure for not including an assumption that 401(k) balances appreciate
One of the architects of the SECURE Act is unhappy about how the Department of Labor is implementing the lifetime income illustrations for 401(k)s mandated by the new law.
Sen. Richard Neal, D-Mass., who sponsored the legislation that was ultimately passed in 2019 as part of a spending bill, is t
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