Monthly Archives: November 2013

How Plan Providers can deal with employees

A snippet from my forthcoming Kindle e-book, “How to Succeed in the 401(k) Plan Business (and 401(k)’d: A Life)”: I always say that the main reason that I don’t want to have employees is because I was an employee once … Continue reading

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Please donate to The Berla Memorial Scholarship

Yes, it’s that time of the year again where December 31st is around the corner for tax-deductible contributions for 2013. The two greatest people I ever knew were my maternal grandparents, Emil and Rozalia Berla. They both survived the Holocaust, … Continue reading

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Watch out for those gifts to Plan Sponsors

I have been a New York Giants football since the days of Ray Perkins, Brad Van Pelt, and Joe Danelo and actually attended my first game where the G-Men beat the Packers. It reminded me of a client my third … Continue reading

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For the Plan Sponsor, Communication is Key

I get along with people for the most part because I make the effort. It’s also a lot  easier to function in the retirement plan business when you have more friends than enemies. Unfortunately, there has been a number of … Continue reading

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Safe Harbor 401(k): How the good and bad TPAs act.

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

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Liability Insurance and a Plan Review are warranties worth paying for

The warranty in the electronics business is gravy for the retailers who sell it. You’ll be surprised how many people pay $20 to get a warranty on a $100 Blu-Ray player. When Best Buy was going national, they advertised how … Continue reading

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Don’t be the Blockbuster of Retirement Plan Providers

In 1994. H. Wayne Huzienga sold Blockbuster Video to Viacom for $8.4 billion. At its peak, there were 9,000 stores. Dish Network who bought Blockbuster a few years ago for $320 million, just announced the closing of the last 300 … Continue reading

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A Plan Sponsor’s Guide to 401(k) Revenue Sharing

My latest JDSupra.com article can be found here.

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For plan sponsors, some end of the year considerations and questions

The one thing that I think most employers forget about in sponsoring a retirement plan is that an employer sponsored retirement plan is an employee benefit. Maybe not as important as health insurance, but certainly more important than gym discounts … Continue reading

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Retirement Plan Advisors Advantage

My latest newsletter geared towards financial advisors and other plan providers can be found here.

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