With what some call "26(f) programs," investors have the opportunity to rewrite their financial destinies. Legendary investors like Sir John Templeton and Warren Buffett have used these programs to build huge fortunes.
A "26(f) program" gives retail investors the opportunity to own shares in the safest and most stable companies on the market.
And the benefits of "enrolling" in these programs don't stop there...
The benefits include:
- Any investor 18 years of age or older can "enroll" in a 26(f) program. You do not have to be nearing retirement age.
- Some 26(f) programs allow investors to own shares in private companies before their IPOs.
- A 26(f) program is not a run by the government, so it can't meddle with your money.
- Investors don't have to wait decades to reap the rewards of these programs.
If you haven't heard of these programs before today, that's okay.
But the timing of "enrolling" is becoming important...
That's because on April 10, the Department of Labor (DOL) will execute a controversial plan. This plan could mean investors will start paying larger fees to their retirement account managers.
Before this controversial plan takes effect, here's how to protect yourself through a 26(f) program...
Protect Your Investments Before April 10
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Currently, your broker doesn't have to provide detailed reasoning as to why they made an investment decision.
If you trust your account manager, then there isn't an issue. They can make the best decisions for you while not having to excessively bill you for their time.
But the new ruling on April 10 from the DOL will change everything...
When the controversial ruling is enforced, brokers will have to legally act in the best interest of their clients. While that sounds beneficial, it means brokers will have to explain their decisions more, and investors could be charged more for the same level of service they are currently receiving.
Investors could be charged "wrap fees," which is a percentage of an investor's assets.
And for particular investments like real estate investment trusts (REITs), brokers may institute "uniform pricing." This pricing model could increase the initial price of certain investments.
Fortunately, there is still time to protect your investments and retirement account before April 10...
Money Morning Chief Investment Strategist Keith Fitz-Gerald is an expert at using 26(f) programs.
He created an entire action plan to help you before the "retirement blackout" takes effect. Inside his newest presentation/analysis, you'll find more about how a 26(f) program works. You'll also learn how millionaire investors have used these "programs" to increase their wealth.
Here's everything you need to know, right here...