Monthly Archives: June 2020

Years ago, I was the Executive Editor of my law school’s news magazine. In one of my final issues, a friend of mine wrote an article that was serious, but funny at times. His bone of contention was over professor … Continue reading →

My most famous and most read articles has been the series of articles concerning my opinion that the two top payroll providers aren’t very good with 401(k) plan administration. While it’s very popular with my reading public, it’s very unpopular … Continue reading →

When a government agency is plotting, they have to do it in public and it’s just a matter of when you find the clue. The Department of Labor (DOL) has filed a draft regulation called  “Improving Investment Advice for Workers … Continue reading →

The intention of multiple employer plans is that for the small plan market, their fees should be lower than single-employer plans. According to a paper by Natalya Shnitser, assistant professor at Boston College Law School, it seems that the average … Continue reading →

A settlement has been in a lawsuit accusing fiduciaries of the JPMorgan Chase 401(k) Savings Plan of self-dealing. Records show that a settlement of $9 million will be made to “fully, finally and forever resolve, discharge and settle the released … Continue reading →

I had said that one of the problems with the coronavirus and the CARES Act is that participants would raid their retirement accounts, especially if they were terminated. Of course, I was right. A new survey by MagnifyMoney found that … Continue reading →

The Department of Labor (DOL) has finally issued final regulations providing a new “notice and access” safe harbor for retirement plans to furnish required disclosures by email or other electronic ways to plan participants and beneficiaries. Under this process, the … Continue reading →

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

My latest newsletter for plan providers can be found here.

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