The New Rollover Rule Is Here: Are You Complying?
August 2, 2022 by Thomas D. Giachetti
The new Department of Labor rule is now in effect. Is your firm doing everything required to comply with the new retirement rollover requirements as set forth in PTE 2020-02?
I recently sat down with my colleague, Joe Antonakakis, to discuss compliance with the new rule. Antonakakis explained that the rule is designed to promote investment advice that is in the best interest of retirement investors (e.g., plan participants and beneficiaries, and IRA owners).