Annuities fit in well with the needs of retirees and near retirees within their IRAs. But the DOL fiduciary rule threatens annuity options if it passes in its current form.
The Department of Labor is seemingly contradicting its own words with its fiduciary rule mandates. Shouldn’t Congress be leading the way on this issue?
The award will be posthumously presented during the National Association of Insurance Commissioners Fall National Meeting, and will be accepted on Jim’s behalf by Iowa Insurance Commissioner Nick Gerhart.