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The ERISA DIY Guide: Six Easy Steps to Getting Sued Over Your 401(k) Plan
Kaufman & Canoles, P.C.
Apr. 6, 2018 "[1] Keep sole control over your employees 401(k) investments and ignore all recommendations to the contrary ... [2] Invest the majority of the plans money in one incredibly speculative company ... [3] Base decisions on your research from internet message boards ... [4] Watch as the stock craters in value ... [5] When employees complain that they're losing all their money, threaten to terminate the plan ... [6] When employees keep complaining that they're losing all their money, terminate them." MORE >> |
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