[vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][vc_column_text]Article provided by Gordon J. Bernhardt CPA, PFS, CFP®, AIF®, the president and founder of Bernhardt Wealth Management.
Earlier this year (in April to be specific) the Department of Labor issued their much anticipated “fiduciary ruling” which impacts many 401(k) plans sold to employers by the financial services industry and its brokers. You can read the following two recent blogs on this topic: The DoL’s Fiduciary Rule: A Step in the Right Direction and DoL’s Fiduciary Ruling Faces Legal Challenge.
If you have a 401(k) retirement plan, you owe it to yourself as a fiduciary to your employees to learn how this “fiduciary ruling” impacts you and your plan. Many plans (not all plans) I have seen will require changes due to this ruling. Contact your 401(k) provider or Gordon at Bernhardt Wealth Management to answer any questions you may have and to discuss the impact this “fiduciary ruling” has on employers and their 401(k) plans.[/vc_column_text][/vc_column][/vc_row][vc_row type=”in_container” full_screen_row_position=”middle” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ width=”1/1″ tablet_text_alignment=”default” phone_text_alignment=”default”][nectar_btn size=”large” button_style=”regular” button_color_2=”Accent-Color” color_override=”#007581″ icon_family=”none” url=”mailto:team@thehabitsofprofit.com” text=”Contact The Habits of Profitability™ Team” margin_top=”20″][/vc_column][/vc_row]