IRA Rollover 'Tsunami' Worries Ex-DOL Official

Analysis September 16, 2024 at 02:33 PM
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What You Need To Know

  • IRAs lack consumer protections and should be regulated by ERISA, former EBSA head Phyllis Borzi says.
  • Preston Rutledge, another former DOL official, says policymakers need to focus on the decumulation phase.
  • Borzi and Rutledge agreed that state IRA plans have been a success.
Melanie Waddell