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3(16)s: Prudent course or invitation for mischief?
By Allen GreenbergWith the right provider, a plan sponsor can find plenty of help and relief in a 3(16) arrangement. But be careful who you pick for the job.
With 401(k) litigation increasing, plan advisors and plan sponsors need to know the latest laws as well as strategies attorneys are using to sue employers and advisors. BenefitsPRO's legal coverage includes news, analysis and updates on cases.
With the right provider, a plan sponsor can find plenty of help and relief in a 3(16) arrangement. But be careful who you pick for the job.