Watch the replay of our May 9th webinar
Industry
experts at Drinker Biddle & Reath believe that 401(k) loan defaults
represent a ripening fiduciary jeopardy. Plan sponsors may have a false
sense of security about the fiduciary risks of 401(k) loans, not...
Do plan sponsors have a false sense of security when it comes to the fiduciary risk related to 401(k) loans? According to prominent ERISA attorney Bruce Ashton, they may not recognize that participant loans are plan investments and must...
Watch this short video to learn more about a problem that is threatening to undermine your participants’ retirement readiness … 401(k) loan defaults. They are a bigger problem that some plan sponsors may realize, but fortunately, there is a...
View the Replay
SHRM Webinar
February 7, 2019
12 pm ET
If 401(k) loan defaults are not on your radar, the data – and ERISA –
say they need to be. Hear from Gursh Jhuty, Senior Manager, Deloitte, and Bruce
Ashton, Partner, from Drinker Biddle &...
If 401(k) loan defaults are not on your radar, the data suggests they need to be.
Deloitte: Loan defaults significantly damage retirement readiness
A groundbreaking study by Deloitte predicted that $2.5 trillion will leak out of the system over...
DALLAS – Custodia
Financial, the creator of Retirement Loan Eraser (RLE), today announced that it
has appointed Mark Herman to its Strategic
Advisory Council (SAC). As a member of the SAC, Mr. Herman will help guide
Custodia on its mission to automatically improve...
Deloitte projected over $2 trillion will leak out of 401(k) plans due to loan defaults over the next 10 years. Custodia Financial has announced an expansion of our RLE program to help take a bigger bite out of that number.
Our new...
America’s retirement industry is facing an unprecedented crisis: $2.5 trillion will leak out of the system over the next decade. That’s not a trickle; it’s a flood. What’s causing this critical hit to the system? Retirement plan loan defaults....