ERISA

3 Assumptions ERISA Makes About Plan Sponsors

3 Assumptions ERISA Makes About Plan Sponsors Many plan sponsors do not understand the full weight of their fiduciary duty towards the employees participating in the company retirement plan. The Employee Retirement Income Security Act of 1974 (ERISA) lays out standards of conduct for plan fiduciaries. Built into the standards are several assumptions the Department…

Worker checking 401(k) balance on computer

Stop Checking Your 401(k) Balance!

Stop Checking Your 401(k) Balance! The ongoing volatility in the stock market and relentless onslaught of negative economic news is raising investor anxiety. If you are feeling worried about your 401(k) performance, let me offer you some advice: stop checking your account balance! Most 401(k) providers allow participants to easily check their account online. But…