Category Archives: Retirement Plans

Advisors ask me all the time about the role of education in participant-directed 401(k) plans. Participant-directed 401(k) plans that are governed under ERISA §404(c) offer the plan sponsors liability protection based on a participant’s gains or losses on their account … Continue reading →

The problem with starting college and dorming is that your roommate or suitemate might be a maniac. You get connected to these people through a random draw. When starting a Pooled Employer Plan (PEP) and running it, you have the … Continue reading →

If you restrict eligibility from your retirement plan to a certain group of employees outside of the statutory exclusions (such as union employees or non-resident aliens), it might make sense to determine whether that exclusion is still proper. Any definitions … Continue reading →

In communications with other plan providers, clients, and potential clients, you have to be clear. There isn’t much room for miscommunication. When dealing with clients, miscommunications can lead plan sponsors to some huge mistakes. Everything you write or say must … Continue reading →

“The Bears are what we thought they were. Th-they’re what we thought they were. We played them in preseason. I mean, who the hell takes the third game of the preseason like it’s bullshit? Bullshit! We played them in the … Continue reading →

At home, I have Verizon FIOS for TV and the Internet after having my cable provider, Optimum for about 13 years. A few years ago, I was enticed to re-sign with Optimum and their new Altice converter box/router. When it … Continue reading →

As January 20th approaches, people in this business will question what a second Trump administration means for 401(k) plans. I don’t know because Donald Trump works outside the lines compared to other people in politics. He has some tax legislation … Continue reading →

For 2025, the ESG rule will be history for now. Donald Trump as President will reverse the Department of Labor’s ESG rule that allows retirement plan fiduciaries to consider environmental, social, and governance (ESG) factors in retirement plan investment decisions. … Continue reading →

Assistant Secretary of Labor and Employee Benefits Security Administration head Lisa Gomez predicted major changes to retirement security regulations and financial fiduciary standards when Donald Trump returns to the White House on January 20th. In a public conversation at the … Continue reading →

I hate moving. I’ve lived in the same house now for 19 years and I dread the idea of moving I haven’t put the house up for sale. That’s why I always loathe when there has to be a change … Continue reading →