401(k) Real Talk Episode 129: November 13, 2024

Welcome to this week’s edition of 401(k) Real Talk, where Fred Barstein, contributing editor for WealthManagement.com’s RPA channel, reviews all of last week’s industry news and selects the five most important/interesting stories.

1. Job market crashes
2. IRS raises 401(k) and keeps IRAs limits – which should be larger? 
3. The arcane IRA rollover process needs an overhaul
4. Empower reports record results
5. How the Hightower acquisition of NEPC could disrupt the wealth and retirement industries

POLL: With a new administration, what is the likelihood that the DOL's fiduciary rule is implemented in the next 12-24 months?

Worth reading/listening/noting:

1. RIA M&A market reports record results in October
2. Pontera survey highlights importance of 401(k) accounts to investors
3. NAPA scolds Benartzi for even hinting at a federal takeover
4. Hidden fees in retirement income may be hold industry back
5. B. Riley sells unit to Stiffel

Read the transcript