The Buck Stops For Retirement Plan Sponsors

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Plan sponsors can blame errors and omissions on their plan providers, but ultimately they bear the liability for a breach of fiduciary duty. With great power, comes great responsibility. As a plan sponsor, there are tremendous responsibilities and any errors can result in a breach that will subject the plan sponsors and individual trustees to civil liability.

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Published In: Tax Updates

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

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Ary Rosenbaum
The Rosenbaum Law Firm P.C.

Ary Rosenbaum is an ERISA/ retirement plan attorney for his firm, The Rosenbaum Law Firm P.C.. At a... View Profile »


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