Monthly Archives: September 2018

When I draw up a new 401(k) plan for a client, I tend to be liberal in distribution provisions by allowing loans, in-service distributions at 59 ½, and hardship distributions. I believe that there are situations where a participant really … Continue reading →

Over the last few years, we’ve seen the proliferation of companies offering ERISA §3(16) services. This is a natural growth of advisors offering ERISA §3(38) services, so 3(16) was a great way for third-party administrates (TPAs). Like 3(38), TPAs and … Continue reading →

My latest article on JDSupra.com can be found here.

I used to attend a lot more networking events when I first started my law firm when I had very little clients and I think that experience, unfortunately, made me attend far fewer events. Networking is an integral part of … Continue reading →

When you have a family run business, nepotism is in a strong possibility when the children get involved. When my local school board doles out jobs to their kids, that I have a problem with. When a family run business … Continue reading →

My latest article for JDSupra.com can be found here.

As a plan sponsor, you’re always going to run into another plan provider that is interested in picking you as a client. Plan providers can only grow their business by adding new clients, so it’s a part of the game. … Continue reading →

I’m a big fan of Survivor since day one. One of the more memorable seasons in the beginning was the fourth season on the island of Marquesas. Besides the first appearance of Boston Rob (who played his worst game), it … Continue reading →

Years ago, I had to hire an out of town collection law firm to collect a debt from a client. The client didn’t respond to my lawsuit and I was awarded a default judgment against them. The problem with hiring … Continue reading →

Now that President Trump has issued an executive order calling for open multiple employer plans (MEPs) and possible Congressional legislation, there are still concerns and issues that I’d love for the Department of Labor (DOL) to resolve in their eventual … Continue reading →