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Kiplinger
Kiplinger
Business
Mike Palmer, CFP®

The Fiduciary Rule is Gone (Again): Why Your Retirement Safety Net Just Shrank

Joe Biden IRA
(Image credit: Getty Images)

For several years, the Department of Labor's (DOL) fiduciary rule has existed in various stages of legal limbo — finalized, challenged, paused and revised.

In mid-March, that uncertainty came to an end when a federal court in Texas vacated the Biden administration's Retirement Security Rule.

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