November 30, 2006
101 Financial Tips You Never Learned in High School
I do not often endorse many website site but take a look at this one:
www.bankruptcyreader.com/2006/11/101 financial t.himl
Good financial tips.
Posted by Dave Seitter on November 30, 2006 | Permalink | Comments (0)
February 17, 2006
ERISA and financial planners
Here is a twist...your financial planner may be an ERISA fiduciary? OK, Seitter, what does this mean and what does it mean to me?
Well kids, Uncle Dave has been told a recent advisory opinion by the Department of Labor has interpreted ERISA as applying to any advice given to assets held in qualified individual account plans, such as 401(k) plans and profits sharing arrangements in exchange for a fee. You know those funky self dealing rules that just came out...well they may apply to your financial planner....
New legal rights you can assert against your planners...is that good or bad? Frankly, it seems like too much regulation to me, but it is good to know you have options out there if something goes wrong with a plan?
Greg Ash keeps me up to date on these types of issues....call him if you have any questions at 913-345-8100.
Posted by Dave Seitter on February 17, 2006 | Permalink | Comments (0)
