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Protect your Organization from 403(b) Litigation

Protect your Organization from 403(b) Litigation

Is your organization prepared for a lawsuit if you are sued for not monitoring your retirement plan? Many non-profit and church organizations thought they were immune from fee litigation on their defined contribution plan. The Schlichter law firm shattered this myth in August 2016 when it filed 12 lawsuits against 403(b) plans, charging the fiduciary with negligence in monitoring the plan. What would happen if someone sued your organization? Could you defend your business practices? It can happen to you….

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