Archive:
Candidly, I’m confused by our Department of Labor (DOL). On June 23 the DOL released a strongly worded rule for private pensions covered by the Employee Retirement Income Security Act of 1974 (ERISA) saying that: “It is unlawful for a fiduciary to sacrifice return or accept additional risk to promote a public policy, political, or…
I got to this topic because I’m doing some work on the taxation of retirement income. Namely, people with significant 401(k) holdings are going to owe the government a meaningful portion of their pile in taxes. In the process of calculating how large that tax burden might be, it was necessary to review the taxation…
