Author Archives: admin

Fidelity to offer crypto window in 401(k) plans

Fidelity Investments will allow investors to put bitcoin (BTC) into their 401(k) retirement savings accounts later this year. Plan sponsors that would offer it, could place a ceiling on the amount of savings earmarked for bitcoin, with the maximum cap … Continue reading

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Advisors Advantage

My latest newsletter for retirement plan providers can be found here.

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The Rosenbaum Law Firm Review

My latest newsletter can be found here.

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LinkedIn isn’t a dating site

Ever since I started my law practice, LinkedIn has been a very effective tool for me in growing my business. I have been rewarded with meeting so many great retirement plan professionals that have helped me over the past 10 … Continue reading

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Get those participation agreements done

It’s been happening a lot lately: a plan sponsor with several participating employers, not realizing that participation agreements for some of these employers weren’t done. This is just a silly mistake to make. While some plan documents may recite all … Continue reading

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ERISA Attorneys have to provide real value

10 years in, I’m glad I went on my own as an ERISA attorney, so I could provide value to clients, instead of being wedded to a billable hour because of a huge overhead working for a law firm. I … Continue reading

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Plan sponsors can’t overpay

When I was 13 and I had my Bar Mitzvah, I plunked down about $2,000 in 1985 money for a state-of-the-art Apple IIe with a monochrome monitor. One of the first pieces of software I bought was the top desktop … Continue reading

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I wouldn’t try reading too much into the DOL crypto guidance

One of the problems with a Department of Labor (DOL) guidance, there are certain professionals who read too much into things. Quite honestly, the DOL’s wariness of a crypto brokerage window doesn’t mean that they have a change of view … Continue reading

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Washington University settles ERISA case

Washington University reached a settlement agreement in the lawsuit filed against them in a federal court in Missouri for $7.5 million One part of the settlement agreement will require that defendants provide annual fiduciary training for all members of the … Continue reading

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It doesn’t matter where your plan provider is

I’m the guy who will travel to a Target further from my home because the Target in Farmingdale is far better than Westbury and Valley Stream and people think I’m crazy to travel 15 minutes more for a better run … Continue reading

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