Category Archives: Retirement Plans

I’m not a fan of annuities, especially in 401(k) plans. Yet, it seems that the insurance industry got their say with the addition of annuities in the SECURE Act. The SECURE Act includes three law additions that might expand the … Continue reading →

There are many choices in developing options for a 401(k) plan and certain features such as automatic enrollment and Roth 401(k) have only been law since 2006. 14 years later, it would not be surprising that the percentage of plans … Continue reading →

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 →

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 →

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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 →

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 →

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 →

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 →

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 →