The Rosenbaum Law Firm Review - November 2020 #2

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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Stuff That Won’t Help A Retirement Plan Sponsor Limit Their Liability -

A seat belt in a car is useless if the driver or passenger isn’t wearing it. A smoke detector is useless if the batteries are dead. Vitamin C won’t prevent a cold and putting paper on your forehead won’t cure hiccups. For a retirement plan, many things won’t limit liability if they aren’t used and other things will never limit a plan sponsor’s liability even though it’s advertised that it will. So this article is about stuff that won’t limit a plan sponsor’s liability.

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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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