Fidelity Bond FAQs

By |2018-02-26T17:50:58+00:00December 6th, 2015|News|

What is a fidelity bond? A fidelity bond is a special type of insurance that protects plan participants from the risk of loss due to acts of fraud or dishonesty by plan officials. Is a fidelity bond required for my plan? Generally, yes. With limited exceptions, all qualified plans (i.e. 401(k) plans, profit sharing plans,