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Getting It Right...Know Your Fiduciary Responsibilities -New York, NY

Jan 07, 2014 | 9:30am-5:00pm

Getting It Right...Know Your Fiduciary Responsibilities -New York, NY

Location
Jacob Javitz Federal Building 6th Floor Conference Center
26 Federal Plaza
New York, NY
Details
We also are holding a Getting It Right...Know Your Fiduciary
Responsibilities seminar on January 7 in New York, NY for small
businesses to increase awareness and understanding of the basic
fiduciary responsibilities involved in operating a retirement plan.

Strong fiduciary oversight and protecting workers’ benefits is one of the highest priorities of the U.S. Department of Labor. The best way to protect workers’ benefits is by preventing problems before they start. Our compliance assistance program – Getting It Right – Know Your Fiduciary Responsibilities – will increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan. Getting it right, however, can be challenging. This is especially true for small and medium sized employers who have limited time, resources, and access to professional help with benefit programs. Specifically, getting it right means:
Understanding your plan and your responsibilities;
Carefully selecting and monitoring service providers;
Making contributions on time;
Avoiding prohibited transactions; and,
Making appropriate disclosures to plan participants and filing annual reports to the government on time.
Our program combines free seminars around the country, educational materials, and a dedicated webpage on EBSA’s Web site. With the valuable participation of our partners, Getting It Right will offer a helping hand to those who want to do the right thing. We hope you will join us at this upcoming seminar. Helping fiduciaries to get it right benefits us all.


Contact Information
Patricia Humphlett
202-693-8660
humphlett.patricia@dol.gov