While diligence is to be applauded, thatâs not to say you canât carry it to an extreme. If fact, some folks are so hung up on fees, they sometimes fail to see the bigger picture.
Tag "Dr. Guy Baker"
MEPs have the potential to do what state-sponsored plans may not be able to offer â protection under ERISA. Thatâs in the employeesâ best interests. If many embrace this concept, September 30, 2019 may indeed signal the dawn of a new day in retirement saving. Still, due diligence remains an imperative.
The Meat and Potatoes Topics of 401k Plan Sponsor Training: Fiduciary Education Curriculum (Part II)
If we liken the â5 Critical Topicsâ to the skeleton and sinew of a plan sponsorâs fiduciary obligation, the âmeat and potatoesâ topics can be described as its soft underbelly. It is within the routines of these topics that plan sponsors live most dangerously. What are these next two topics and why is it important plan sponsors to dig deep into them rather than simply âread the headlinesâ?