The Importance of Addressing Participant Complaints
If a sponsor does not respond, they could face a civil and/or DOL lawsuit
Sixty-four percent of participants in their 20s own a TDF.
The new law extends the time a participant has to repay loans from 60 days after an offset to the date their tax return is due.
Employer contributions and loans are also prevalent, a Brightscope/ICI report says.