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Humble Arithmetic, Common Sense, and Fiduciary Responsibility vs. In-Plan Annuities
The Prudent Investment Adviser Rules
[Opinion] Oct. 14, 2025 "ERISA requires a plan sponsor to acts as a prudent person would handle their own affairs. Ask yourself, does a prudent person invest $50,000 knowing ... that they are going to lose $72% of their investment in favor of the annuity company, to essentially subsidize the annuity issuer at the expense of one's intended heirs. [P]rudent plan sponsors will realize that such products are available outside the plan, without potentially exposing the plan to fiduciary liability." MORE >> |
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