Despite this, 401k plan sponsors can better protect their employees, even when it comes to personal data, because that data is only acquired within the context of the service provider’s relationship to the plan.
Tag "Brian Halbert"
![Taking a Fiduciary Holistic Approach: How Can 401k Participant Data Be Used?](https://fiduciarynews.com/wp-content/uploads/2021/06/private-property-no-trespassing-1205389-660x395-1-505x306_c.jpg)
![What Trump vs. Biden Means to 401k Plan Sponsors and the Typical Plan Fiduciary](https://fiduciarynews.com/wp-content/uploads/2020/10/white-house-1225488-660x395-1-505x306_c.jpg)
Before you start to panic, take a deep breath and relax. The retirement savings industry is an aircraft carrier. It can’t turn on a dime.
![Reframe 401k Participant Education To Stop Stressing Risk And Start Emphasizing Goals](https://fiduciarynews.com/wp-content/uploads/2020/09/555565_19313641_Misty_mountain_royalty_free_stock_xchng-scaled-505x306_c.jpg)
It’s fun to talk about “risk” and “return” because these are measurables and people are comfortable with the tangible world. But none of that touches upon what really matters. Worse, it can distract you from achieving what you want most.
![What’s the Most Effective Way 401k Plan Sponsors Can Motivate Their Employees to Repay Their CARES Act Early Withdrawals?](https://fiduciarynews.com/wp-content/uploads/2020/07/holding-money-1315930-660x395-1-505x306_c.jpg)
Perhaps the first option to focus on is that one that involves “paying back” or “not paying back.” The rules, while straightforward to financial professionals, may be less apparent to retirement savers.