PLANSPONSOR: Fiduciary Responsibilities for DC Plan Loans
Multiple stories in the press about the fiduciary exposure of 401(k) loan programs have the same theme: Plan loans are investments. What does that mean
Multiple stories in the press about the fiduciary exposure of 401(k) loan programs have the same theme: Plan loans are investments. What does that mean
Your participants’ retirement assets are too important to leave unprotected, and as a plan fiduciary, you have an obligation to preserve that benefit. Consider these
Plan sponsors have historically treated 401(k) loans as an administrative program outside the boundaries of fiduciary standards and review. The truth, however inconvenient it may
The retirement loan default crisis has reached epic proportions. Over $23 billion dollars in precious retirement savings has been lost to 401(k) loan defaults
In the minute it takes you to read this, $11,415 in 401(k) loans will default. Precious retirement savings will evaporate. Each second that passes, more
The editor of PLANSPONSOR sat down with George White to discuss how 401(k) plans are compromised by the leakage caused by loan defaults. In this
Across the country summer is winding down, football is back in season and parents are buying the latest backpacks and notebooks their children need for
By George White Employers need the flexibility to manage their workforce, now more than ever. But it’s also important to treat employees fairly, especially those
Loan defaults are a preventable form of plan leakage, and stopping them can improve retirement plan participants’ financial wellness. By: Tod A. Ruble With all
Loan defaults are a preventable form of plan leakage, and stopping them can improve retirement plan participants’ financial wellness. Read more on plansponsor.com
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