The good news is 401k plan sponsors don’t need to treat this as a solo act. They’ve already got a team of hired hands to help them.
Posts From Christopher Carosa, CTFA
Plan sponsors – or, more specifically, the companies plan participants work for – may be placing employees in a far greater cyber-vulnerable position than they realize.
Social Security problems(?), more fee suits, and an investment hodge podge.
Many see the quarantine as a test run for retirement. There are those who view this “test run” and say they never want to retire. How do you dissuade them of this notion that they’re practicing retirement right now?
More relief, fiduciary wasteland, and making the same fee mistakes.
Much, if not all, of the Zoom hacking could have been prevented if the meeting hosts had just followed a few common sense rules. They start with before you even set up the meeting.
Not-Quite-Dead(yet)lines, fiduciary Tomorrowland, and old & new…
This isn’t free money. It comes at a price. Many naïve folks might be salivating at the prospect of releasing these big bucks from the prison of their retirement plan… until they read the fine print.
Who CARES? Sheltering in place, and market-based ping pong.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 5/1/20
Social Insecurity, 12b-1 follies, and “For the Long Run”