Category Archives: Retirement Plans

Shell gets sued over their 401(k) Plan

Shell Oil, along with Fidelity is the target of a class action 401(k) lawsuit. As typical with a suit against a large billion-dollar 401(k) plan, plaintiffs allege that Shell failed to use the multi-billion dollar 401(k) plan’s bargaining power to … Continue reading

Posted in Retirement Plans | Leave a comment

Cybersecurity is an important concern

Without fail, every day I get emails that want to target one or more of my important online accounts. Whether it’s Amazon or my email, so online crook is trying to phish for me online access by trying to trick me. … Continue reading

Posted in Retirement Plans | Leave a comment

Advisors Advantage

My latest newsletter can be found here.

Posted in Retirement Plans | Leave a comment

Let participants know about birth and adoption expenses withdrawals

When it comes to changes to your retirement plan, make sure your employees know changes in the law that affect them. Section 72(t) of the Internal Revenue Code provides that withdrawals from a qualified retirement plan are subject to a … Continue reading

Posted in Retirement Plans | Leave a comment

The Long Term-Part Time Problem to Come

While everyone is talking about multiple employer plans as being changed by the SECURE Act, I think the biggest change that will affect 401(k) plan sponsors on day to day basis is the mandate that long term, part-time employees must … Continue reading

Posted in Retirement Plans | Leave a comment

Cerner is the next big 401(k) lawsuit target

Cerner Corporation is the latest 401(k) lawsuit target over its retirement plan, citing high fees and a breach of fiduciary duty. Cerner’s plan has over $2 billion in assets. Plaintiffs allege that Cerner breached its fiduciary duty by failing to … Continue reading

Posted in Retirement Plans | Leave a comment

The lowest share class available won’t be the magic bullet one day

Federal courts like to keep their dockets moving and I’m sure there will be a time soon where they will try to move out the glut of 401(k) class action lawsuits by simply throwing out cases that are short in … Continue reading

Posted in Retirement Plans | Leave a comment

Study reports the obvious

A study from T. Rowe Price about 401(k) plan participants had some results that should really not shock anyone. The study showed that people who participate in 401(k) plans are more confident about their financial futures than those who don’t … Continue reading

Posted in Retirement Plans | Leave a comment

The SECURE Act Cheat Sheet For Plan Providers

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

Posted in Retirement Plans | Leave a comment

The Rosenbaum Law Firm Review

My latest newsletter can be found here.

Posted in Retirement Plans | Leave a comment