Category Archives: Retirement Plans

I have an old saying: “I needed you, you weren’t there, and I no longer need you.” When you have a plan sponsor and they need help, you need to be there. Otherwise, don‘t be surprised if you are gone … Continue reading →

I have an old saying: “I needed you, you weren’t there, and I no longer need you.” When you have a plan sponsor and they need help, you need to be there. Otherwise, don‘t be surprised if you are gone … Continue reading →

I hate to get political, but when people complain about something “woke,” they really should Google or use Wikipedia to find out what that means. That being said, the push by the Department of Labor (DOL) for fiduciaries to be … Continue reading →

I have about a half dozen corporations where I need to file a corporate tax return by March 15. Every year, I panic and get the work done. I think one year, I was on an extension. So I don’t … Continue reading →

Consolidation in the recordkeeping business will continue. Ascensus and Mutual of Omaha have an agreement where Ascensus will acquire Mutual of Omaha’s 401(k) recordkeeping business, according to a March 27 announcement by the firms. Through the deal, Ascensus will assume … Continue reading →

According to a MetLife survey, 91% of plan sponsors are concerned that their future retirees will run out of money in retirement. I’m surprised that it’s more than 90 percent, but the fact remains that we have a retirement crisis … Continue reading →

My daughter works at a local restaurant and I think it doesn’t look good when employees there, order out. I also understand why a mutual fund company puts their mutual funds in a 401(k) plan, even if it makes them … Continue reading →

I’m becoming more like Larry David as I get older. Not the hypocritical part of Larry, but the part that says what he feels without a filter. Years ago, I worked at that Fakakta law firm, and one of the … Continue reading →

My son loves autograph signings. The enjoyment for me is dependent on whether the show is run well. That means the signees show up on time and there is a process in place to hold the showgoers in a manageable … Continue reading →

The controlled group rules, basically say that in many circumstances, companies with similar ownership will be considered as one company. The rules were put in place to stop abuses of excluding rank-and-file employees from retirement coverage while benefiting the highly … Continue reading →