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Retirement News

 
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U.S. Labor Department delays final part of fiduciary rule

NEW YORK The U.S. Department of Labor issued an 18-month-delay on Monday for key parts of its retirement rule, including one that would require brokers to ask clients if they feel that accounts that charge commissions are in their best interests.

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Your Money: Uncertain future for those counting on medical deductions

NEW YORK At a retirement community near Chicago, Jay Schachner and his friends are nervously awaiting the fate of their medical expenses amid U.S. tax overhaul.

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For U.S. Republicans, tax reform math hinges on cutting Medicare

CHICAGO U.S. retirement savers dodged a speeding train last week when Republican lawmakers racing toward tax reform dropped their plan to sharply reduce allowable tax-deferred contributions to 401(k) plans. That idea is off the table - at least for now.

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Your Money: Splitting retirement accounts is tricky for DIY divorce

NEW YORK If you are trying to have a low-cost, do-it-yourself divorce, it may seem reasonable to just split up the retirement assets and each go your separate ways.

 
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