Legal Experts Implore Plan Sponsors: Protect The Data!
Because retirement plans contain sensitive participant data, plan sponsors must step up efforts to protect it from cybersecurity threats. Legal experts urge more precautions. An Explosion of Data Breach Lawsuits As reported by PlanSponsor:…
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The 401(k) Partial Termination Rule: Have You Invoked It?
Navigating the pandemic continues to force companies to make tough choices, including temporarily or permanently reducing the workforce. Plan sponsors need to assess the ramifications for 401(k) plans. Understanding the IRS Partial Termination Rule…
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