10 Tips For The New Retirement Plan Sponsor

Ary Rosenbaum
Contact

Picking a retirement plan is like picking a suit, a company that wants to put one in place has to pick one and then tailor the retirement plan to fit. When a company decides that they want to put a retirement plan in place, it’s almost like trying to buy a new car because there are so many choices to make. A company needs to look at several factors to determine what type of retirement plan they want to offer, as well as the goals of the plan they wish to implement. Too many plan sponsors put retirement plans in place without knowing the consequences and costs, whether it’s for liability concerns or for the company’s bottom line. The retirement plan that a company wants to put in place has to be the right fit because if it doesn’t fit correctly, the plan sponsor may either leave money on the table or risk its financial health in running it. This article is a blueprint on what plan employers should consider when they are deciding to create a retirement plan for their employees.

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:

Ary Rosenbaum
Contact
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:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.