Category Archives: Retirement Plans

Many retirement plan advisors and third party administration (TPA) firms have been harping about 401(k) plan administration fees and in a belief that fees should be transparent, we now have fee disclosure that will come into effect in July. While … Continue reading →

A few years back, I met a broker from my area and I developed a networking relationship with him in the hope of getting some ERISA related work when I was an associate at a Long island law firm.  I … Continue reading →

As many of you are aware, the producing TPA that I worked for was folded into a sister company TPA because of an ongoing Department of Labor investigation into its practices of steering clients to revenue sharing funds without disclosing … Continue reading →

The latest newsletter for clients, friends, and partners of my firm can be found here.

My favorite comedian was George Carlin and George had a great act on euphemisms and how toilet paper became bathroom tissue and how a used car became a pre-owned automobile. All George was saying that euphemisms can cloud meanings of … Continue reading →

Twice today I was asked by a TPA and a major mutual fund company/TPA about my view concerning some of the bundled providers touting fiduciary guarantees or fiduciary roles that they are serving.  Using the term fiduciary can be very … Continue reading →

I am writing an article about what 401(k) plan provisions that I think are mistakes and coincidentally, I was asked by a financial advisor about self directed brokerage accounts within 401(k) plans. I used to joke that the only clients … Continue reading →

A friend of mine and I were talking about a financial advisor that we knew that had a tremendous and respectable book of 401(k) business and how he actually uses a payroll provider for the third party administrator (TPA) for … Continue reading →

My latest article on JDSupra can be found here.