• 11/29/2024

The Insurance Industry Is Winning a Fight to Kill New Protections for Retirement Savers

Wall Street Journal

A Labor Department rule is forecast to curb commissions on annuities sharply. The products are sold as a way to convert retirement savings including an IRA into an often-guaranteed income stream that can carry hefty charges.

https://www.wsj.com/articles/the-insurance-industry-is-winning-a-fight-to-kill-new-protections-for-retirement-savers-54030e41