Monthly Archives: December 2020

According to the Office of Management and Budget website, the Labor Department on advised them of its final rule on its proposed advice package, “Improving Investment Advice for Workers & Retirees.” The new fiduciary rule has restored the 1975 five-part … Continue reading →

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

To read my latest article on JDSupra.com, please click here.

The CARES act allowed 401(k) participants easier access to their account balances,m during the coronavirus pandemic. 401(k) investors pulled a median of $12,000 from their account in the form of a “coronavirus-related distribution,” according to a new Vanguard review of their … Continue reading →

Form PR is the form that the Department of Labor (DOL) has required for pooled plan providers (PPP). For a form that needs to be filed by someone who wants to be a PPP, it’s not that long and very … Continue reading →

As some people may or may not know, my affiliated company, Austin 3(16) Fiduciary Limited has filed to be a pooled plan provider (PPP) with several pooled employer plans (PEPs) in development. So if you’re in the need of an … Continue reading →

In terms of the 401(k) plan business, I think the hype over pooled employer plans (PEP) will be the most over hype since the release of Crystal Pepsi. I don’t believe PEPs will eliminate the need for single-employer plans because … Continue reading →

As you know, Congressman Jamie Raskin (D-MD) was booked for That 401(k) National Virtual Conference. As you also may know, Congressman Raskin was the Associate Dean at American University Washington College of Law when I graduated there in 1997. Law … Continue reading →

I have been an ERISA attorney for 22 years now and it’s gone by pretty quickly. I have worked for a few ERISA attorneys and have seen quite a few out there giving speeches around here and there. Probably my … Continue reading →

My latest newsletter for retirement plan providers can be found here.