Avoiding The “Bumps” Of Being A Retirement Plan Provider -

I’m a big fan of business history and every successful company that has ever been founded has had a few bumps along the way. For example, Apple almost went out of business a few times when products like the Newton didn’t exactly set the world on fire. I remember being in law school where the Dean wondered why the school should buy Macs for the computer sync site because it was a dying format. Then Steve Jobs came back to Apple and the rest is history. Every business has a few bumps along the way; especially those in the retirement plan business. The third party administrator (TPA) I once knew that started from a father in law’s desk also had bumps along the way. So this article is about bumps along the way of being a retirement plan provider and how to navigate them.