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Department of Labor quietly issues INSANE new rule for YOUR retirement savings

The Glenn Beck Program

'This is insanity! It's a rat trap!'

(Left) Photo by ALEX EDELMAN/AFP via Getty Images/ (Right) Chip Somodevilla/Getty Images

Just before the holidays, the U.S. Department of Labor quietly finalized a new rule that completely changed standard benefit plans for the American worker.

Since 1974, something called the Employee Retirement Income Security Act has ensured that managers of retirement plans must act "solely in the interest" of employees and beneficiaries. The rule was designed to ensure that your financial interests are the top priority when planning for your retirement — but now that’s all changed.

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