Loan & Distribution Specialist AimPoint Pension
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Compass
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Bates & Company, Inc.
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Plan Distribution and Rollover Guidance After Chamber of Commerce v. DOL -- An Analysis of the Deseret Letter
Morgan Lewis [Guidance Overview] Sept. 20, 2018
"In the Deseret Letter, the DOL concludes that merely advising a plan participant to take an otherwise permissible plan distribution, even when combined with a 'recommendation' as to how that distribution should be invested, is not fiduciary 'investment advice' to a plan under ERISA.... [T]he DOL then went on to muddy the waters for plan officers and other fiduciaries who discuss distribution options with plan participants."
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