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April 10, 2017

Fiduciary Rule Implementation Extended (article)

As a follow up to last month’s Benefit Beat article, Applicability Date of Fiduciary Advice Rules Extended, the Department of Labor’s Employee Benefit Security Administration finalized the 60-day extension of the applicability date of the fiduciary advice rules.  These rules were to become applicable on April 10, 2017. With the 60-day extension, the fiduciary rules now become applicable and enforceable on June 9, 2017. 


The information contained in this article is provided as general guidance and may be affected by changes in law or regulation. This article is not intended to replace or substitute for accounting or other professional advice. Please consult a CBIZ professional. This information is provided as-is with no warranties of any kind. CBIZ shall not be liable for any damages whatsoever in connection with its use and assumes no obligation to inform the reader of any changes in laws or other factors that could affect the information contained herein.   

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