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What are the fiduciary reponsibilities of 457 plan administrators?


Guest Clifford P. Borbas
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Guest Clifford P. Borbas

I'm looking for a discussion or explanation, preferably on a governmental web site, of the fiduciary responisilities of 457 plan administrators, e.g. that decisions have to be made solely in the interest of the employees. Thank you.

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Try this link for a discussion of fiduciary duties applicable to governmental plans in general. The article deals with 457 plans as well as other governmental plans.

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Employee benefits legal resource site

Employee benefits legal resource site

The opinions of my postings are my own and do not necessarily represent my law firm's position, strategies, or opinions. The contents of my postings are offered for informational purposes only and should not be construed as legal advice. A visit to this board or an exchange of information through this board does not create an attorney-client relationship. You should consult directly with an attorney for individual advice regarding your particular situation. I am not your lawyer under any circumstances.

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