401(k) Plan Provisions That Should Be Reviewed For “Tinkering”

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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When I was in law school, I was a bit of a malcontent. I’m a big fan of truth and transparency, but that’s me. One of the explanations in retort to my criticisms was that things done a certain way were done that way because they were always done that way. Well, what if what was always done was wrong? When you set up a 401(k) plan, the plan provisions weren’t set in stone, so it’s beneficial to look at your plan provisions to determine whether they still fit your needs and the needs of your employees.

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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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