Boomer Bucks by Barbara Whelehan -- Don't Heed this 401(k) Advice

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Boomer Bucks by Barbara Whelehan -- Don't Heed this 401(k) Advice
Bankrate

Mar. 9, 2006

Excerpt: Under current law, if plan participants do receive investment advice, they have certain assurances that the advice they are getting is impartial. That's because under the rules of the Employee Retirement Income Security Act, or ERISA, anyone who dispenses investment advice to 401(k) plan participants assumes the role of a fiduciary.

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