Firms Launch Fiduciary Outsourcing Solution

March 30, 2012 (PLANSPONSOR.com) – MillenniuM Investment & Retirement Advisors (MIRA) and Rosenbaum Law Firm introduced Fiduciary Freedom Solutions (FFS) for 401(k) and 403(b) plans.

FFS will provide all three levels of fiduciary protection under the Employee Retirement Income Security Act (ERISA): 402(a) Named Fiduciary, 3(16) Plan Administrator, 3(38) Investment Fiduciary, as well as 50 hours of retained ERISA legal counsel for one flat fee.  

As qualified independent experts, MIRA and Rosenbaum Law Firm P.C. may present solutions through plan design and other methods that can maximize the retirement plan benefit.  

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“Fiduciary tasks like reviewing and signing IRS Forms 5500s, monitoring service providers and determining excess compensation paid by employees to providers is our bailiwick” says MIRA’s Principal  Rick Canipe, EA, QKA.  “Across the country fiduciaries at companies have been forced to do far more with fewer employees and limited capital resources … Fiduciary Freedom Solutions was specifically created to outsource these functions to an ‘expert team’ relieving most of the CFOs/HR directors’ labor and as much liability as allowed by law.”  

More information is at http://www.ReduceLiability.com.

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