New Year's Resolutions For 401(k) Plan Sponsors.
Get off on the right foot for 2019.
A New Year's resolution is a tradition in which a person resolves to change and undesired trait or behavior to either improve their life or to accomplish a personal goal. Gym memberships, cleaning supplies, and organizational tools probably have large sale increases in January. The problem with most resolutions is that people quickly give up on them. For plan sponsors, they should have New Year's resolutions to improve their plan because they are fiduciaries by being responsible for the retirement plan assets over their employees. This article is about New Year's resolutions that plan sponsors should make and keep alleviating some of the potential liability they face as plan fiduciaries....
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