Category Archives: Retirement Plans

IRS announces 2018 retirement plan limits

As 2017 nears its end, we already have the retirement plan limits set for 2008 by the Internal Revenue Service (IRS). For 401(k) plans, the 2018 limit for salary deferrals contributions is $18,500, up $500 from 2017’s limit. Remember this … Continue reading

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No Deferral Cap, But Let’s Not Celebrate

The Republicans in the House of Representatives unveiled their tax reform plan and there includes no substantial change to 401(k) plans. Everyone in the retirement plan industry and most individuals with common sense were outraged that there was even a … Continue reading

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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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