A. You can check a financial advisor or investment advisor's disciplinary record at www.adviserinfo.sec.gov.
You can check a broker's background at the regulatory agency's website - http://brokercheck.finra.org.
Q. How can I check a financial advisor or a broker's background and disciplinary records?
A. You can check a financial advisor or investment advisor's disciplinary record at www.adviserinfo.sec.gov. You can check a broker's background at the regulatory agency's website - http://brokercheck.finra.org.
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If you have a question or want to file a complaint about your health and retirement plan, what can you do?
You can "Ask EBSA", which was created by the Federal Employee Benefits Security Administration, it's a free consumer assistance website, just go to www.dol.gov/ebsa and click "Ask EBSA". The page also features educational fact sheets and videos. Definitely worth checking out! Q. Is there an official site to compare different funds and ETFs and their expenses?
A. Yes, the Financial Industry Regulatory Authority (FINRA) has improved its fund analyzer tool which lets you compare mutual funds and exchange-traded funds and evaluate their expenses. The new site includes an annual expense comparison, which shows how a fund's expense ratio stacks up against industry average of similar funds. Check FINRA's Fund Analyzer tool here! Q. My wife and I are both retired. I have a small pension. Can I contribute to a Roth IRA?
A. No in your case. You or your wife need to have compensation from a job or self-employment in order to contribute to a Roth IRA. Eligible individuals can contribute up to $5,500 for 2017 plus a $1,000 catch-up contribution for those 50 and older - of their compensation to an IRA. For archived newsletters, please visit here.
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