Monthly Archives: February 2014

The $550 TPA is no Advantage

When I was a kid, I remember my parents were shopping for a car and the sticker price had a base fee for the car with so many add-ons that I seriously wondered whether they would charge you for the … Continue reading

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“Experienced” Plan Provider can mean a lot of things

I always talk about how plan sponsors need to work with experienced financial advisors, third party administration (TPA) firms, and ERISA attorneys on their plan needs. Like with reasonable fees, I believe that the term “experienced” is vague. Experience doesn’t … Continue reading

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The Wild Wild West of non-ERISA 403(b) Plans

I always say that as bad as 401(k) plans may be, 403(b) plans are in much worse shape. It didn’t help that the Internal Revenue Service only issued regulations that governed them only 30 years too late, back in 2008. … Continue reading

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A Retirement Plan Sponsor’s Guide for Selecting Their Financial Advisor

My latest JDSupra.com article can be found here.

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The Thing About Investment Committees

I joked in many of my writings and I believe in my new book, available on Kindle (cheap plug here), was that when my Managing Attorney at that semi prestigious law firm (sorry, Lois) wanted to quell a topic, she’d … Continue reading

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Mistakes a Plan Sponsor Should Correct Before an IRS/DOL Audit

My latest JDSupra.com article can be found here.

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401khelpcenter mentions new book

Thanks to my friends at 401khelpcenter.com for covering my e-book’s launch.

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My new book out: How to Succeed in the 401(k) Plan Business

I’ve been a very lucky person. Despite some hardships, whether it was high school or that certain law firm on Long Island, I’m very lucky to be able to achieve what I achieved in my own practice and this retirement … Continue reading

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401(k) Advisors shouldn’t offer investment advice if they don’t know the compliance part of offering advice

The road to hell is paved with good intentions, so the person who does a good deed could end up getting punished. Most financial advisors on a 401(k) plan do many things beyond the scope of what they were hired … Continue reading

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Advisors Advantage

My latest newsletter geared towards financial advisors can be found here.

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