How can you utilize your knowledge to make it clear you're addingvalue to 401k plan sponsors? First, you need to remind them whattheir job description says. (Photo: Shutterstock)
They never saw it coming. They were so focused on getting itjust right, they never looked up to see what was heading directlyat them. Instead, they wanted only to make sure their customerswere happy, their shareholders were satisfied, and their employeeswere productive.
So when the DOL came calling, how were they to know what “i's”were dotted and what “t's” were crossed. That bureaucraticpaperwork didn't generate revenue. It didn't pay the employees.Yet, there they were. Caught unawares.
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Christopher Carosa
Chris Carosa has been writing a weekly article and monthly column for BenefitsPRO online and BenefitsPRO Magazine since 2011 and is a nationally recognized award-winning writer, researcher and speaker. He’s written seven books, including From Cradle to Retire: The Child IRA; Hey! What’s My Number? – How to Increase the Odds You Will Retire in Comfort; A Pizza The Action: Everything I Ever Learned About Business I Learned By Working in a Pizza Stand at the Erie County Fair; and the widely acclaimed 401(k) Fiduciary Solutions. Carosa is also Chief Contributing Editor of the authoritative trade journal FiduciaryNews.com and publisher of the Mendon-Honeoye Falls-Lima Sentinel, a weekly community newspaper he founded in 1989. Currently serving as President of the National Society of Newspaper Columnists and with more than 1,000 articles published in various publications, he appears regularly in the national media. A “parallel” entrepreneur, he actively runs a handful of businesses, including a small boutique investment adviser, providing hands-on experience for his writing. A trained astrophysicist, he also holds an MBA and has been designated a Certified Trust and Financial Advisor. Share your thoughts and story ideas with him through Facebook (https://www.facebook.com/christophercarosa/)and Twitter (https://twitter.com/ChrisCarosa).
