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401(k) rollovers now heavily regulated

Posted On: Feb. 19, 2021 9:46 AM CST


A measure for financial advisers set by the U.S. Department of Labor is set to go into effect on Feb. 23, causing several 401(k) rollovers to be heavily regulated, Fox Business reports. The regulation also allows investors who believe they have been given poor advice on a rollover a chance to file a lawsuit.

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