Only 2 Things A Retirement Plan Sponsor Needs to Limit Their Liability

more+
less-

People in the professional services industry (legal, financial, or accounting) have a propensity to make something sound more important than it is. Those folks think that by making something sound more important than it is, it might justify their high fees. I don’t have the issue because my fees are reasonable and I don’t bill by the hour, so I can afford to break down hard concepts into ideas that retirement plan sponsors can understand in managing their retirement plan. So to continue that trend, I am going to show you that there are just two things that will help a retirement plan sponsor avoid fiduciary liability; vigilance and finding the right plan providers. That’s it, no brain surgery. If you read this article and take the advice, you’ll have a great retirement plan and limited liability exposure as a plan fiduciary.

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

Published In: Business Organization Updates, Finance & Banking Updates, Labor & Employment Updates, 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

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »