When we last rang in a new year, then President-elect Trump’s transition team was in full throttle, a controversial fast-food maven had been nominated to head the Labor Department, well-sourced speculation swirled as to the new administration’s intentions for the fiduciary rule, and a President Obama-era safe harbor was poised to usher in a new generation of state-administered workplace retirement plans.
Meantime, stock markets surged. The transition team began calling its shot on tax reform, promising delivery by the end of the summer, raising real questions for the future treatment of qualified retirement plans.
All the while, court dockets around the country were stacked with fresh claims against massive defined contribution plans.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
