Employers & HR Professionals: A National Retirement Plan Education Event Coming to Iowa on April 17th
29 Mar 2024
news
In today's business environment, an organization's Retirement Plan holds vital importance, driven by the dual forces of risk and opportunity. Here's a concise breakdown:
Mitigating Risks:
- Fiduciary Liability: Owners and executives can be personally liable, which is a tough reality given the growing web of DOL and IRS regulations and the potential for employee lawsuits.
- Excessive Costs: Retirement plans fees can be too high and also divert valuable time from core business functions. Professional expertise can mitigate both these costs.
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