If the U.S. Labor Department has its way, the rules governing who can give Americans investment advice about their 401(k)s and IRAs, and how that advice gets delivered and paid for, soon will change. But financial advisers and others disagree dramatically on whether the proposed rules will help or harm investors.
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Question: I’m 24 and my retirement plan 401(k) plan matches .25 for every dollar I contribute up to 6% of salary. I currently contribute 3% of my salary and then put a month into a Roth IRA. I do that because I don’t want all my eggs in one basket. I’m wondering, though, whether Continue reading 401(k) Mistake: Turning down free money |
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