Monthly Archives: June 2019

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

For many years, my wife didn’t want to join Costco because she thought that overshopping was genetic on my side when she remembers my parent’s Costco. My wife was concerned I would buy stuff we didn’t need. Long story short, … Continue reading →

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 →

I don’t believe in coincidence and when something happens twice, it’s a cause for concern. Within the past couple of months, I’ve had to deal with third party administrators (TPAs) paying ERISA §3(38) fiduciaries in excess of their contracted fee. … Continue reading →

I am proud to say that I learn something new every day, whether it’s retirement plan related or something related to pop culture. Sometimes, I’m wrong about things. I’m 47 years old now and I tell you: I don’t know … Continue reading →

I’m going to say something and that means J.D. Power will never sponsor one of my events, but those J.D. Power surveys on the best workplace plan providers are kind of worthless. J.D. Power offered a study behind their annual … Continue reading →

Massachusetts Financial Services Co. (MFS) has reached a settlement of nearly $7 million in a lawsuit alleging that the company enriched itself at the expense of its employees’ retirement savings by loading its 401(k) plans with costly, underperforming proprietary funds. … Continue reading →

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

For some reason, my unincorporated village doesn’t have a mayor or village board of trustees, but we have our own sanitation district where we elect the commissioners. For many years, a party boss and his son controlled the district through … Continue reading →

When I was a synagogue vice president, I came up with new ideas for events because the old events that the synagogue kept on running attracted the same crowd over and over again. For the Friday night dinner, they would … Continue reading →