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The problem of the PEP Trustee

trustee

One of the quirks with pooled employer plans (PEPs) is the need for a corporate trustee. The only problem is that most trust companies have been ill-prepared to take on that task, in terms of contracts for PEPS. The other wrinkle is many trust companies don’t want the headache of being the trustee of a PEP, especially the added responsibilities.

 

Just another issue out there for PEPs.

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