Orderly Dissolution: Best Practices for Bankruptcy Plan Terminations | Millennium Trust Company

Orderly Dissolution: Best Practices for Bankruptcy Plan Terminations

June 19, 2019
Terry Dunne, SVP and Managing Director

Retail bankruptcies and corporate debt are on the rise, and economic contraction is inevitable after an unusually long bull market. With that in mind, retirement plan administrators should be mindful of procedures related to the orderly dissolution of their retirement plan in the event of a bankruptcy proceeding.

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