Monthly Archives: November 2011

The safe harbor notice deadline for calendar year 401(k) plans is December 1. This notice is one of the requirements for a plan to be a safe harbor, in addition to the fully vested contribution that gives 401(k) plans a … Continue reading →

One of the most positive developments in the retirement plan business is the ERISA §3(38) fiduciary. The idea that a plan sponsor can shift almost all of their liability in the fiduciary process to an ERISA defined investment manager is … Continue reading →

My latest newsletter can be found here.

My latest JDSupra.com article can be found here.

As bad as I believe it is for plan sponsors, I believe that many retirement plan providers are not prepared for the coming changes in 2012. Many retirement plan providers have been ready for years, but I think there is … Continue reading →

My latest JDSupra.com article can be found here.

Sociologist Robert K. Merton popularized the term “unintended consequences.” Unintended consequences are outcomes that are not the outcomes intended by a purposeful action. Unintended consequences can be roughly grouped into three types: A positive, unexpected benefit. A negative, unexpected detriment … Continue reading →

I was told by a financial advisor that he had a $3 million prospect that is currently being serviced by a broker on an insurance company platform. The plan has been on this platform for over 10 years. If the … Continue reading →

Years ago, I was the Executive Editor of my law school’s news magazine. In one of my final issues, a friend of mine wrote an article that was serious, but really funny at times. His bone of contention was over … Continue reading →

My latest JDSupra.com article can be found here.