Author Archives: admin

Did Vantage Take Advantage?

Well over a week ago, I got the startling news that the FBI closed down the office of Vantage Benefits, a Dallas based third-party administrator. I didn’t make any comment on it until it was properly reported that their offices … Continue reading

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Watch for any Potential Conflicts of Interest

It’s amazing sometimes how people are blind to conflicts of interest that are as clear as day. In my local hamlet, the Library Board hired a School District board member as their attorney even though there is a financial relationship … Continue reading

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Massachusetts proposes a MEP and why it’s a bad idea

After Vermont decided to proceed with sponsoring an open multiple employer plan (MEP), legislation proposed would make Massachusetts the second state to sponsor a 401(k) MEP. Prior to May 2012, we had a decent market for open MEPs, open meaning … Continue reading

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Advisors Advantage

My latest newsletter geared towards retirement plan professionals can be found here.

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The Bottom Line For Retirement Plan Providers

My latest article for JDSupra.com can be found here.

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Don’t ignore your clients and the fees they pay

I first started paying for my own vehicle when I got my first job as an ERISA attorney, It was a brand new1998 Toyota Camry. I was looking for car insurance and the best rate was through an insurance company … Continue reading

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Trump and the 401(k) Flip Flop

After word leaked that proposal for tax reform may include a provision limiting pre-tax salary deferrals to $2,400, President trump said any proposal limiting deferrals wasn’t likely. Then about a day or so later, Trump said that discussion about limiting … Continue reading

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#1 Way A 401(k) Plan Sponsor Can Avoid Compliance Headaches: Hire The Right TPA

My latest article on JDSupra.com can be found here.

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Don’t give good employees the wrong idea

I always say that the reason I’ve never hired an employee is because I was an employee once too. I say that the problem with the employee-employer relationship is that no employee thinks they get paid too much and no … Continue reading

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Don’t want to call an ERISA attorney? It’ll snowball

The snowball effect is a term for a process that starts from something that is small and builds upon itself, becoming larger and also perhaps potentially dangerous or disastrous. The idea is that an avalanche can be started by a single, … Continue reading

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