posts by Mark - 30/80 - Beacon Hill Investment Advisory, LLC

House committee approves resolution to kill DOL fiduciary rule on party-line vote

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A House committee, on April 21st, approved along party lines a resolution that would kill the Labor Department’s recently finalized rule to raise investment advice standards for retirement accounts. The vote, 22-14, in the House Education and the Workforce Committee illustrates the steep hill Republican opponents must climb to scuttle the measure, as it now …

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Nearing Retirement? Time to Get Focused

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If you’re within 10 years of retirement, you’ve probably spent some time thinking about this major life change. The transition to retirement can seem a bit daunting, even overwhelming. If you find yourself wondering where to begin, the following points may help you focus. Reassess your living expenses A step you will probably take several …

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Understanding Stock Market Indexes

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No doubt you’ve seen headlines reporting that a particular stock index is up or down. But do you know what an index is, and how understanding the nuts and bolts of a specific index may be helpful to you? An index is simply a way to measure and report the fluctuations of a pool of …

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Planning for Higher Education

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What’s New in the World of Higher Education? If you’re a parent or grandparent of a college student or soon-to-be college student, you might be interested to learn what’s new in the world of higher education. Higher college costs Total average costs for the 2015/2016 school year increased about 3% from the previous year: $24,061 …

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About those hidden fees investors pay non-fiduciaries

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The Department of Labor is soon expected to issue its much-ballyhooed, much-anticipated, and, in some circles, much-loathed “fiduciary rule.” This rule will require brokers who work with retirement accounts to act as, well, fiduciaries — in other words, to put their clients’ interests ahead of their own. (Registered investment advisers are already held to a …

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