A New Year's resolution is a promise that a person makes to achieve one or more personal goals, projects, or the reforming of a habit. The big deal about a New Year's Resolution is that it is made in anticipation of the New Year and new beginnings. Aside from losing 42 pounds on Slim-Fast in my senior year of high school, I have never kept a New Year’s resolution and the only harm is to myself for not keeping a promise. Plan sponsors who intend to make New Year’s resolutions aren’t so lucky; their broken promises can get themselves in a whole lot of hot water and financial liability. So this article is about what New Year’s resolutions plan sponsors should make and keep in helping them minimize their fiduciary liability.