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Press Releases by Date   |   Press Releases by Company Name


View More Press Releases by Platinum 401k

Press Release

The Platinum 401k Suspends Loan Origination and Hardship Withdrawal Processing Fees

Issued by Platinum 401k

Mar. 30, 2020

March 30, 2020 -- In response to unprecedented economic turmoil created by the COVID-19 pandemic, we have suspended our 401k loan and hardship withdrawal processing fees for retirement plan participants until April 30, 2020.

We would challenge our fellow colleagues in the retirement plan industry to follow our lead in waiving certain transaction fees for plan participants during these difficult times.

Terrance Power, CFP, ERPA, QPA
President, The Platinum 401k, Inc.
tpower@ThePlatinum401k.com

BL:hh

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Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.