What 401(k) Plan Sponsors Should Do When The Markets Go South

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

There is a proverb that success has many fathers, but failure is an orphan. It means that many people will seek credit for success, but very few will accept responsibility for failure. Plan sponsors and plan providers love to talk up 401(k) plans when stock markets are good, but not many want to talk when the stock markets are doing terribly. As a 401(k) plan sponsor, you need to do your job when the market is good or bad. Actually, times like these are when you need to be more vigilant. This article is all about what you need to do.

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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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Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on:

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