Boustany Votes to Override Obama Veto, Protect Retirement Security for American Families
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Boustany said: "With so many different retirement plans and options available, it can be confusing and sometimes frustrating making the right choices to plan for one's financial future. We must alleviate this frustration and ensure that all Americans have access to highly-qualified professional retirement advisors to navigate the system. The Administration's fiduciary rule threatens to put financial advice out of reach for many families, and that is wrong. I am proud to support this veto override to allow Louisianians access to the best financial advice."
On
Industry experts have warned the rule would create more paperwork and record-keeping requirements for planners, meaning higher costs that could effectively price low- and moderate-income families out of being able to access a retirement advisor. However,
The resolution has support from the
Read this original document at: https://boustany.house.gov/114th-congress/boustany-votes-to-override-obama-veto-protect-retirement-security-for-american-families/
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