403(b) FIDUCIARY OBLAGATIONS
Let's define the word Fiduciary. It comes from the Latin word " fiduciary" meaning "trust" and is closely related to faith and fidelity.
While you can delegate certain areas of responsibility, you can't eliminate all of your accountability. (For example, although you don't have to manage the investment personally, you do need to ensure you have a diversifies portfolio of investments and see if changes may be done.
Your Fiduciary Obligations
1. Demonstrate loyalty to the plan
2.Proceed with prudence
3. Diversity investment options
4. Act in accordance with plan terms.
Securities offered through Transamerica Financial Advisors, Inc. A Registered Broker/Dealer and Investment Advisor Member FINRA and SIPC
Kempf & Co 8195 166th Ave NE Suite 100
Redmond, WA 98052
(425)-881-8573
This information is intended for use by residents of OR, WA, CA, CO, NM, TX, IA, FL. Securities related services may not be provided to individuals residing in any state not listed above.