Bates & Company |
Retirement Plan Documents Specialist Loren D. Stark Company |
Retirement, LLC |
Pentegra |
Retirement, LLC |
Jr Retirement Plan Administrator/ Administrative Assistant Hochheiser Deutsch & Co, Inc. |
Carpenter Morse Group |
Employee Benefits and Executive Compensation Associate Attorney Verrill |
Trucker Huss, A Professional Corporation |
Retirement Plan Administrator (TPA) Retirement Plan Consultants |
Compass Retirement Consulting Group, Inc. |
Retirement Plan Legal Specialist Pentegra |
Retirement Plan Relationship Manager ERISA Services, Inc. |
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Labor Department Rule May Not Be in Consumers' Best Interest Pinar Cebi Wilber, via The Hill ![]() [Opinion] Nov. 25, 2015 "[T]he DOL rule could inhibit communication between licensed representatives like broker-dealers and employees ... [which] will increase the likelihood that terminating employees will cash out their crucial retirement savings.... [A] lack of educational communications to transitioning employees could result in an additional $20 to $32 billion of cash outs annually, decreasing the retirement savings of affected individuals by 20 to 40 percent.... Many experts think that the lack of a clear seller's exception will limit or discourage many small businesses from starting their own plans, negatively impacting the public policy goal of increasing access to retirement plans." |
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