Monthly Archives: March 2011

Why Attorneys Should Care About Their Clients’ Retirement Plans

My latest JDSupra article can be found here.

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Section 404(c) Compliance and The Magic Bullet

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

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401(k) Plan Provisions That Are Good Ideas

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

Posted in 401(k) Plans, Retirement Plans | 2 Comments

401(k) Fees and the Casino Count Room

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

Posted in 401(k) Plans, Retirement Plans | 2 Comments

Defeating the purpose of Participant Directed 401(k) Plans

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

Posted in 401(k) Plans, Retirement Plans | 8 Comments

For A Few Dollars More: The Hidden Cost of 401(k) Revenue Sharing

My latest article on JDSupra can be found here.

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The Useless 401(k) Financial Advisor

Did you ever hear of a dentist that didn’t bother to check a patient’s teeth or the bartender that didn’t serve any drinks to thirsty patrons? Me neither. However, I still see retirement plan financial advisors who don’t do the … Continue reading

Posted in 401(k) Plans, Retirement Plans | 9 Comments

Attorney TPAs and Why Retirement Plan Providers Should Stick To Their Expertise

Years ago, I had this silly notion that I would not only start my own law firm, but that I would also go for a certified financial planner designation. It was silly because I don’t see why someone would seek … Continue reading

Posted in 401(k) Plans, Retirement Plans | 1 Comment

What To Do If Your Pension Freezes Over

My comments in a Bankrate.com story, featured on FoxBusiness.com on the freezing of pension plans can be found here.

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Retirement Plan Advisors Advantage

The latest issue for plan advisors can be found here.

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