Lies that Prospective Retirement Plan Providers and Your Mother Tell You

more+
less-

When we were children, our mother told us stories that we believed to be true because we always believed what our parents were telling us was the truth. Part of growing up is realizing that a good chunk of what your mom told you was wrong either because she believed an urban legend or because she wanted to pull a fast one over on you. So I know now that shaving won’t make my facial hair come back thicker and I won’t get a cold because I wasn’t wearing a jacket outside. The same can almost be said about retirement plans where plan providers trying to solicit your business will tell you some “facts” about your plan that is either based on a misconception about retirement plans or an outright lie. So this article will try to advise plan sponsors on when to chalk up potential plan provider talk as just a “lie”.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ary Rosenbaum, The Rosenbaum Law Firm P.C. | Attorney Advertising

Written by:

more+
less-

The Rosenbaum Law Firm P.C. on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×