Category Archives: Retirement Plans

I’ve always been a big fan of index funds, probably more so when exchange-traded funds became a thing. From experience, most funds fail to meet the benchmarks. Yet, I grew up in the retirement plan business when it was claimed … Continue reading →

While the issues concerning Pooled Employer Plans (PEPs) in pricing and audits are slowing its growth, another headache is that potential adopters of these plans are unaware of their existence. According to a paper by the Center for Retirement Research, … Continue reading →

The Department of Labor (DOL) has created an online system for qualified plan termination administrators to submit abandoned account information for benefits, including 401(k) plans. The Employee Benefits Security Administration (EBSA) announced the new system to allows administrators meet requirements … Continue reading →

When I was in college in the early 1990s, I was heavily involved in student politics. I would go and buy things that made me look important even when I wasn’t. I got the beeper that no one called and … Continue reading →

July Business Services, LLC purchased Sunwest Pensions, a retirement plan recordkeeper and Third Party Administrator based in Tempe, AZ. This strategic merger enables July to further enhance its services and expand its client base by adding over 500 plan clients. … Continue reading →

In the old days, no one factored mutual fund fees when it came to 401(k) fees. Thankfully, fee disclosure changed that. 401(k) plan participants now incur far lower fees for holding mutual funds over, according to a study from the … Continue reading →

I’m not very popular, never have been, and never will be. It’s probably my personality or just not wanting to go with the flow, but I’m not a popular guy. Ask my family, ask my former bosses. While I won’t … Continue reading →

Long-term businesses in the retirement plan business don’t die overnight. It takes a very long time as we see with Sears, the goodbye takes a long time. A dying business can change course, but the problem is that there essentially … Continue reading →

As long as I remember, any political discussion gets a little heated. Thanks to social media, any political discussion seems volatile. Based on my writings and how I think, you might get an idea of my politics. While I may … Continue reading →

As they once said in This is Spinal Tap, there is a fine line between stupid and clever. I can assure you that Michael McKeon who played David St. Hubbins in the movie and co-wrote it, was not in plan … Continue reading →