Church retirement plans: A moral dilemma

The fact that a church is not subject to ERISA does not free it from the moral obligation that ERISA imposes.

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By Jerry Verseput, CFP
April 1, 2011

Without delving too deeply into philosophy, it is probably safe to say that some people are compelled to do the right thing only because of the fear of punishment. As a young child, if I had the opportunity to take an extra cookie and not get caught, I may very well have taken full advantage of the situation. However, more often than not, the fear of getting caught with my hand in the cookie jar prevented me from doing it.

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