Monthly Archives: October 2019

When having unique events to promote your business, I think you need to make it memorable because I’ve been to too many forgettable industry events. Creating lasting memories helps your business because people end up remembering you. That’s what I … Continue reading →

The Retirement Advantage, Inc. (TRA), a national third-party administrator (TPA)announced the acquisition of two retirement plan consulting and administration firms: Benefit Strategies, Inc. of Roanoke, Virginia (BSI) and Scholz & Friends Enlightened Retirement Group, Inc. (S&F) of San Antonio, Texas. … Continue reading →

I’m wary of self-directed brokerage account because I still concerned about the fiduciary issues, as well as the fact that I still don’t think participants do better with them in terms of financial growth. There was a recent survey done … Continue reading →

There is nothing wrong with offering loans with your 401(k) plan. What will be wrong is if the program isn’t administered properly and you don’t have the backup to prove you administered it correctly. One of the biggest targets of … Continue reading →

As a plan sponsor being investigated by an Internal Revenue Service (IRS) agent, there is one thing you might not be aware of. The IRS agent is there to ensure there has been voluntary compliance by you to the provisions … Continue reading →

Social media is a great benefit for your 401(k) business, but sometimes it can be a disaster if you let it. I’ve seen too many business professionals and companies that get in trouble on Facebook for posting things that are … Continue reading →

20 years ago, the hard liquor business was dying and microbreweries were the hottest thing. People may not be aware of it, but for most of the existence of television, the spirit industry had a self-imposed ban on liquor advertising. … Continue reading →