David Godofsky Quoted in Employee Benefit Advisor on Retirement Debit Cards

David Godofsky was quoted in an article titled, “Retirement debit cards sound like a nightmare, but have some benefits” in the December 1 issue of Employee Benefit Advisor.  The article discusses the use of debit card by retirement plan participants to borrow against their savings. David noted that "It makes it phenomenally easy to administer the loan from the employer's perspective…. Borrowing form oneself may prove a prudent financial decision in some cases as bank or credit card interest charges can be avoided.”