Quick: Can you list the types of expenses that can and cannot be paid from the assets of a retirement plan? How about the requirements that must be met before expenses can be paid from plan assets? The methods for allocating expenses between plans and among participants? The consequences of paying improper expenses from plan assets?
Me neither. But a 6-page paper from Practical Law Company provides the answers in an easy-to-use format. The paper, by two attorneys at Groom Law Group, is posted on Groom’s website.
