Category Archives: Retirement Plans

I remember when I first saw the political sign as a freshman at Stony Brook over 20 years ago where the student government Acting Treasurer Naala Royale was running for her own full term. Her motto for the race was … Continue reading →

When you speak up and make your opinions known, it should be no surprise when someone disagrees. As a former student journalist, my views have been criticized one way or the other. However, in all my years, I don’t think … Continue reading →

About 10 years ago, I started The Rosenbaum Law Firm P.C. and its original niche is different from the retirement plan focus of today.  My original ideas was that my law firm would be the Walmart of legal services. I … Continue reading →

In Canarsie, Brooklyn, where I grew up, the best place for baked ziti was a place called Anna Napoli.  Baked ziti was one of the very foods I ate that weren’t named pizza or hamburger. Baked ziti was a Saturday … Continue reading →

As an ERISA attorney, I do get to talk to a lot of financial advisors and ERISA independent fiduciaries around the country and the lament is that many plan sponsors don’t understand or care about such important fiduciary problems like … Continue reading →

My latest JDSupra article can be found here.

Adam Pozek in his blog had a great discussion about ERISA §404(c), which is the code section that may limit a plan sponsor’s liability in retirement plans where participant directs their investments. Adam mentions how people in the marketplace have … Continue reading →

A month or so ago, I wrote an article regarding what 401(k) Plan Provisions are Bad Ideas. The provisions I listed were listed because I thought that they were plan features that could easily cause operational errors that could threaten … Continue reading →

One of my favorite movies is Casino. I admit it, I am a huge sucker for great mob movies and while it’s not the Godfather Trilogy or GoodFellas, it’s on the next level. One of the most interesting scenes is … Continue reading →

The whole purpose of having a participant directed 401(k) plan has been to take advantage of ERISA §404(c), which limits the plan sponsor from liability from losses incurred by participants through their directed investment. Plan sponsors were under a misconception … Continue reading →