Regional Vice President of Sales The Retirement Plan Company
|
Compass
|
AimPoint Pension
|
Bates & Company, Inc.
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Loan & Distribution Specialist AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
The Benefits of Mandatory Retirement Plan Distributions to Former Employees (PDF)
FredReish.com [Guidance Overview] Mar. 11, 2013
"Mandatory Distributions [1] Help reduce plan expenses ... [2] Reduce the administrative burden of keeping track of and providing disclosures to former employees. [3] Reduce fiduciary responsibility by eliminating accounts of former employees.... Providers that specialize in automatic rollovers have documents and procedures that facilitate compliance with the safe harbor.... Both fiduciary and non-fiduciary advisers can be compensated by automatic rollover providers for referrals."
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |