Protect Retirement Security
The U.S. Department of Labor (DOL) is currently working to redefine the definition of a fiduciary under the Employee Retirement Security Act (ERISA) by modifying what constitutes “investment advice.”
Unfortunately, this re-proposal is both more expansive and much more complicated than the DOL’s controversial 2010 proposal. It will have a disproportionate impact on low and moderate income Americans saving for retirement—especially employees of small businesses who save using products such as IRAs.
The Chamber is committed to working toward a rule that further protects investors while expanding, rather than unnecessarily limiting, access to investment advice and investment choices. Learn more about the threat to retirement security and add your voice to this important issue.
See What Others Are Saying
Businesses are speaking out about what this proposal means to them and the potential consequences for their employees.
Read Their Stories
Become a small business advocate
Join our efforts and help us explain to the Hill, the administration, and the media what being able to offer retirement benefits means to you and your employees.
Interested in writing op-eds, participating in events, and talking with press?
I am afraid...that the DOL's new "fiduciary" rule will cut [my employees] off from receiving critically important investment education and materials on investment options."
Share Your Story
Tell us about what being able to offer retirement benefits means to you and your employees. We will share your profile with lawmakers and regulators and highlight your story to show what it means if you could no longer provide retirement benefits to your employees.
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Let the Department of Labor know you oppose the new fiduciary rule.
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