Stuff That Plan Providers Never Tell Plan Sponsors

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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I have a college degree and two law degrees (I’m not bragging), so I actually have three alma maters. I attended Stony Brook University, American University Washington College of Law, and Boston University. Out of the three, my favorite will always be Stony

Brook University. It is the only public university out of the three and I always envisioned it as the “State University of New York Center that Could”, it’s gone from the fourth best to the second best university center since I went there. The Stony Brook Seawolves even just made the NCAA Men’s Basketball Tournament. The reason that Stony Brook is my favorite is because I always felt the school never made any promises that it couldn’t deliver, it never tried to be something that it’s not, they never tried to hide anything derogatory about them. The biggest disappointments in my life have always been with situations where something such as a school or an organization or a job was billed to be something bigger and bet-ter than it was. When it comes to retirement plan provider(s), there are quite a few things where they aren’t likely to be forthcoming. This article is about what plan providers may neglect to tell their plan sponsor clients.

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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.

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