Fiduciary Minimizing Liability
Part IV
- Specific steps a plan sponsor can take to minimize the liability of sponsoring a retirement plan. These steps include: (a) having a thorough knowledge of your plan; (b) being aware of the types of plan design features that complicate plan administration; and (c) understanding the focus of a DOL or IRS audit.
- Concludes with a discussion of how to conduct a self-audit of the plan, and the role of fiduciary liability insurance in minimizing fiduciary liability
Learning Center articles, guides, blogs, podcasts, and videos are for informational purposes only and are not an advertisement for a product or service. The accuracy and completeness is not guaranteed and does not constitute legal or tax advice. Please consult with your own tax, legal, and financial advisors.
|