The Biggest Mistake You Can Make Is Hiring Your Payroll Provider As Your 401(k) TPA

Ary Rosenbaum

In the 23 years, I’ve been in the 401(k) plan business, I have to say probably one of the biggest mistakes that you can make as a plan sponsor s hiring one of the two largest payroll providers out there to serve as your third party administrator (TPA). This advice is costly, as a good chunk of my practice is devoted to fixing the errors made by these payroll provider TPAs.

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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.

© Ary Rosenbaum, The Rosenbaum Law Firm P.C. | Attorney Advertising

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Ary Rosenbaum

The Rosenbaum Law Firm P.C. on:

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