The decision to retain and service company retirees appears (at first blush at least) to be a no-brainer. But that includes a very important assumption.
Tag "Rich Rausser"
If you think the web of fiduciary duties is complex in a 401k plan that focuses on getting employees to save for retirement, imagine how much more intricate it becomes if the plan also has to cater to retired employees.
The Rule dates back to the early years of the Reagan administration and has been updated annually for the past three decades.
