The Retirement Readiness Institute maintains its own Fidelity bond. While called bonds, these obligations to protect an employer from losses are really insurance policies. These insurance policies protect from losses of company monies, securities, and other property from those who have a manifest intent to cause the company loss. The Department of Labor requires every fiduciary of an employee benefit plan and every person who handles funds or other property of such a plan shall be bonded. The bond protects the plan against loss by reason of acts of fraud or dishonesty on the part of persons required to be bonded.