The Great Resignation will lead to greater missing participants

Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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Ary Rosenbaum - The Rosenbaum Law Firm P.C.

There is a reason I stopped working for people, so I understand the Great Resignation and people’s disgust with working with others, and that was way before COVID.

One of the major problems with the great resignation is going to be former participants that wild decide to keep money in their plan, which invariably leads to missing participants.

So that’s why I think it’s necessary to implement a missing participant program to ensure that people are located and contacted about their account balance.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Ary Rosenbaum - The Rosenbaum Law Firm P.C.

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Ary Rosenbaum - The Rosenbaum Law Firm P.C.
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