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Will you use the New VFCP Program (Voter Names Not public)  

10 members have voted

  1. 1. Will you use the DOL's new VFCP Program for anything but the most significant issues? (I did NOT check the box to make voter names public)

    • Of course, the program sounds easy to use, and we won't charge extra.
      0
    • We will give clients the choice to use the program or not for all late deposit issues, but if they want to use it we will charge a significant fee ($500+), even though the lost interest involved is probably less than a few hundred dollars.
      2
    • Same as 2, but our fees will be in excess of $1,000.
      2
    • Because it sounds like a lot of work (and a lot of fees for our clients) we don't plan on even mentioning the program unless there was a very significant issue where our additional fees might be justified based on the amount of risk (e.g., a client deposited monthly for 2 years).
      6
    • I would be very apprehensive about a client using this program in any event because they have to report themselves to the DOL and I'm not sure what the DOL uses the information for.
      3


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