Coronavirus (COVID-19) News and Resources
Coronavirus (COVID-19) Webcasts
Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Defined Contribution Account Manager
Nova 401(k) Associates logo
Nova 401(k) Associates
(Houston TX / Dallas TX / Scottsdale AZ / Telecommute)
Retirement Plan Processor
T Bank NA logo
T Bank NA
(Dallas TX)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn

<< Previous news item   |   Next news item >>

Retirement Saving: How Responsible is the 401(k) Fiduciary?
Fiduciary News Link to more items from this source
Nov. 4, 2014
"[T]here are active discussions as to exactly how aggressive the government should be in forcing citizens to save for their retirement. The same question is being asked of plan sponsors: How much should the responsibility for individual employee savings [lie] with the companies that offer retirement benefits? ... The government provides the blueprints; the 401k fiduciary provides the materials; but building a secure retirement is best left to the individual. And that's money in the bank."

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 link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020, Inc.