Absurd Things About 401(k) Plans That Are Actually True

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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We drive on parkways and park on driveways. Cigarettes are sold in gas stations even though smoking is prohibited there. Fat chance and slim chance mean the same thing. Phonetic isn’t spelled the way it sounds. When it comes to retirement plans, there are absurd things that make no sense, but are actually true. The problem is that a plan sponsors don’t know about these things before it’s too late. So this article is about absurd things about 401(k) plans that are actually true. You don’t need to check snopes.com because all of this is true.

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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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