Episode 185: Employers as Fiduciaries

Published: Sept. 24, 2020, 7:40 p.m.

Did you know … if you’re a business owner and offer your employees a 401(k) plan, you also have a fiduciary responsibility to those employees. Add that to your growing list of responsibilities in a year of disruption, not including the rules and regulations to 401(k) plans stipulated in the SECURE Act, CARES Act and DOL Fiduciary Rulings. Are you up-to-date? If not, we are here to help!

Prout Financial Design has served as the 401(k) fiduciary for many businesses over the years, and we are seeing an urgent need for business owners with this burden. This is why we have partnered with our long-time friend and business associate, Christian Whitehead, from Wealth Advisory Group.

Join us on the show today as we talk to Christian about all of these changes and how our 401(k) audit can help your business get back on track.