Are you a Fiduciary?

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Under the U.S. legal system, a fiduciary duty is the legal term describing the relationship between two parties that obligates one to act solely in the interest of the other. The party designated as the fiduciary owes the legal duty to a principal, and strict care is taken to ensure no conflict of interest arises between the […]
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Do you offer your employees a 401k plan?  Then this applies to you!

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Your payroll company is not a fiduciary for your 401k plan.  You need to understand what you are responsible for.  DOL audits are increasing every year.  Be prepared.  If you need help – let us know!  Federal law protects plan participants by requiring all who provide retirement investment advice to abide by a “fiduciary” standard. […]
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