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Plan Expense or Settlor Function?


Guest P Larson

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Guest P Larson
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In what ways is non-required "education" seen as a "Settlor" function and therefore non-reimbursable from plan assets? [Example: Eer sends out a newsletter on diabetes to medical plan participants].

I know that there is recent guidance from the DOL and published hypotheticals but they do not specifically address this issue. It also seems to be that in the 401(k) and Pension side, education is more readilly accepted as a trust expense even for general non-required financial education.

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