Update: Fiduciary Rule Changes, Again

Update: Fiduciary Rule Changes, Again

News You Can Use! for Advisors and CPAs Regular readers will remember that we wrote in July about the final fiduciary rule, released by the Department of Labor (DOL) in April of this year. The rule finalized a new definition of who qualifies as an investment advice...
Mega Backdoor Roth: Part 2

Mega Backdoor Roth: Part 2

One of the most frequently asked questions we receive is whether we can create a “mega backdoor Roth” inside a client’s 401(k) plan. While a lot of inquirers believe this is one simple box to check inside a plan, it in fact involves several steps and provisions that...
Mega Backdoor Roth: Part 1

Mega Backdoor Roth: Part 1

One of the most frequently asked questions we receive is whether we can create a “mega backdoor Roth” inside a client’s 401(k) plan. While a lot of inquirers believe this is one simple box to check inside a plan, it in fact involves several steps and provisions that...