The Rosenbaum Law Firm Review - January 2016

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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Future Trends In 401(k) That A Plan Sponsor Should Be Aware Of.

Who to pick and why.

What was good yesterday might not be good today. There were cigarette ads in the 1930s that suggested that smoking had health benefits such as cutting down on colds. It would be about 30 years later that people would find out that it really did cause lung cancer Asbestos was a miracle mineral for its fireproofing until it was discovered that it causes cancer when fibers are inhaled. Margarine was touted as being better than butter until it was discovered how much trans fats they may have. So what might be good yesterday might not be good today and what might be good today might not be good tomorrow. This article talks about trends in the retirement plan business that may make today's good practices not so good in the near future.

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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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