John,
The Biden administration stood up to financial predators and enacted a rule that outlawed shady financial advisers from putting their own financial interests ahead of the people they were supposed to be advising. This rule will protect seniors―and Wall Street is pissed.
No wonder financial titans are pouring money into the Trump-Vance campaign. They know that Donald Trump will side with people who rip off hardworking Americans for a quick buck.
Certain Wall Street-friendly members of Congress are attempting to overrule the Biden-Harris rule that protects people’s retirement savings. Social Security Works and our allies have sent nearly 100,000 messages to our senators and representatives in Washington DEMANDING that they put seniors ahead of Wall Street creeps!
We won’t go back to a system that rewards shady creeps for ripping off seniors. Can you help us get over 100,000 messages to Congress supporting this rule?
Requiring financial advisers to make recommendations that are in the savers' best interest can increase retirement savers' returns by between 0.2% and 1.2% per year. Over a lifetime, this could add up to 20% more retirement savings—potentially tens or even hundreds of thousands of dollars per impacted middle-class saver that could otherwise have been lost to junk fees.
By overturning the Biden-Harris fiduciary rule, politicians would be prioritizing the interests of financial advisers and insurance companies over the well-being of working Americans. This move would give shady financial advisers a green light to rip off the American people.
Add your voice today! Protect working people from Wall Street greed!
Thank you,
Michael Phelan Social Security Works
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