Avoiding The Rule That Will Cause You Trouble As A 401(k) Plan Sponsor

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
Contact

I’m a big fan of movies and I’m a big fan of the Coen brothers ever since I watched Raising Arizona almost 30 years ago. One of their greatest movies was the Best Picture Oscar-winning No Country for Old Men. The movie had a few great lines, but one that stands out because it’s a line that has much meaning in life. Javier Bardem’s character, Anton Chigurh said: “If the rule you followed brought you to this, of what use was the rule?” So much of what happens to a 401(k) plan sponsor that is a negative result, usually results from a path that the sponsor took. There are so many pitfalls that a plan sponsor needs to avoid so there are certain rules that plan sponsors need to avoid following if they want to avoid potential liability as a fiduciary. This article is going to let you the plan sponsor know which paths and rules you need to avoid if you want to stay out of trouble over your 401(k) plan.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

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.

© Ary Rosenbaum - The Rosenbaum Law Firm P.C. | Attorney Advertising

Written by:

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

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

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide