JustMe Posted April 14, 2020 Posted April 14, 2020 Any other recordkeepers struggling to keep up with the demand of distributions during Coronavirus? Argument suggestions for participants unable to time the market? Suggestions for limiting liability?
RatherBeGolfing Posted April 14, 2020 Posted April 14, 2020 Yes. We are having issues with several recordkeepers processing CRDs. Its understandable since they had to develop procedures on the fly, but it is frustrating...
JustMe Posted April 14, 2020 Author Posted April 14, 2020 I want to instruct participants to move money to cash if they are worried about distribution timing, but do not want to provide investment advice. But the market is fluctuating so significantly, it cannot be timed and participants are upset about their distribution amount.
ratherbereading Posted April 14, 2020 Posted April 14, 2020 Thankfully, not yet, but I'm sure it's coming. 4 out of 3 people struggle with math
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