{"id":4549,"date":"2020-03-02T07:59:45","date_gmt":"2020-03-02T12:59:45","guid":{"rendered":"http:\/\/therosenbaumlawfirm.com\/blog\/?p=4549"},"modified":"2020-03-02T07:59:45","modified_gmt":"2020-03-02T12:59:45","slug":"bank-of-america-will-start-to-cross-sell","status":"publish","type":"post","link":"https:\/\/therosenbaumlawfirm.com\/blog\/?p=4549","title":{"rendered":"Bank of America will start to cross-sell"},"content":{"rendered":"<p><span class=\"s2\">Cross-selling is something I have always heard talked about, but not a lot of doing. Whether it\u2019s a plan provider or a law firm, it\u2019s something that should be done, but isn\u2019t.<\/span><\/p>\n<p><span class=\"s2\">Participants in the 30,000 plans administered by Bank of America <\/span><span class=\"s3\">will have access to a new suite of banking and investment benefits.<\/span><span class=\"s3\"> The 5.6 million participants in these plans <\/span><span class=\"s3\">will have access to retail banking<\/span><a name=\"_GoBack\"><\/a><span class=\"s3\"> options and reduced fees on mortgages if their employers opt to offer the benefits<\/span><span class=\"s3\">. <\/span><\/p>\n<p><span class=\"s2\">This is a no-brainer for Bank <\/span><span class=\"s2\">of America and probably any other provider that can offer other services and benefits. Of course, Bank of America isn\u2019t a plan fiduciary and that it is a big deal for those providers that are because any type of selling by a fiduciary would raise possible prohibited transaction rule situations. \u00a0<\/span><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Cross-selling is something I have always heard talked about, but not a lot of doing. Whether it\u2019s a plan provider or a law firm, it\u2019s something that should be done, but isn\u2019t. Participants in the 30,000 plans administered by Bank &hellip; <a href=\"https:\/\/therosenbaumlawfirm.com\/blog\/?p=4549\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<p><span class='st_sharethis' st_title='{title}' st_url='{url}' displayText='ShareThis'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4549"}],"collection":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4549"}],"version-history":[{"count":1,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4549\/revisions"}],"predecessor-version":[{"id":4550,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4549\/revisions\/4550"}],"wp:attachment":[{"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/therosenbaumlawfirm.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}