The Consumer Federation of America and other advocacy groups wrote a letter to the Labor Department calling for a 90-day comment period for its revised fiduciary rule, instead of the current 30-day period, arguing that such a timeframe was unreasonably short even under normal circumstances.
There has been significant interest among smaller and mid-sized plans in reducing or suspending matching contributions due to the coronavirus pandemic's economic impacts.
During these unpredictable times, guaranteed income products can help take some of the guesswork out of saving for retirement—and eliminate uncertainty about generating enough retirement income.
