Last Chance: Tell DC to Leave Our Retirement Plans ALONE!

by Phil Kerpen, Contributing Author: A disastrous Obama regulation with huge consequences for retirement plans is being debated – and time is running out to have your voice heard on this critical issue.

Obama’s so-called fiduciary rule could disqualify up to 7 million IRA holders from receiving investment advice. Some have referred to this rule as “Obamacare for your retirement” because if you like your retirement plan or investment advisor, you may not be able to keep them.

The good news is, I believe that President Trump’s Department of Labor is committed to doing what’s in the best interest of the American people, and they will likely stop this regulation from being implemented.

But the bad news is... liberal activist groups have mounted a large-scale campaign to stop President Trump from blocking this rule...

... And I’ll be honest with you, they are pouring in a lot more comments than we are right now – which will make it much harder for the Trump Administration to do the right thing.

President Trump is facing tremendous backlash from those who want Washington, D.C. to have more say over your retirement. As John Berlau at the American Spectator noted:



“Savers who don’t want government bureaucrats and trial lawyers dictating what’s in their best interest can help President Trump by telling the Labor Department that they want the fiduciary rule immediately delayed and eventually repealed.”Will you give President Trump the political capital he needs to delay and then repeal this costly rule? Tell the Department of Labor to Leave Our Retirement Plans ALONE!

If you have already signed your letter to the Department of Labor, please forward this to a friend. We need to make up a lot of ground to get our comment numbers closer to what liberal groups have already submitted, so every letter counts.
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Phil Kerpen is president of American Commitment. Follow him at (@kerpen) and on Facebook. He is a contributing author at the ARRA News Service. Consider viewing relevant prior article: Stop Obama’s War on Retirement Plans!

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