Monthly Archives: October 2021

The son of a man killed by a Colombian guerrilla group can obtain money from a 401(k) account connected to the perpetrators, a Massachusetts federal judge ruled, deciding that a terrorism law can trump the anti-alienation rights of a participant … Continue reading →

If there is one situation that I see consistently with plan providers landing in trouble, a good chunk of the time is when they put their needs ahead of the needs of their clients. The needs of the client should … Continue reading →

With a push for fixed income products, there is n shock that  BlackRock is putting annuities in American workers’ 401(k)Plan. The investment giant said five employers have signed up for a new retirement product that will allow workers to lifetime annuity … Continue reading →

When it comes to Super Hero movies, the best by far is The Dark Knight. It was a gripping drama with well-written characters that just happened to be about superheroes and villains. The movie is full of great, thought-provoking lines. … Continue reading →

I always say that the reason I don’t have employees is I was an employee once too. My joke about employee-employer relations is that no employer ever thinks they pay their employees too little and no employee thinks they get … Continue reading →

When I was a Vice President of a synagogue, I knew the position was hopeless because I was surrounded by leadership that took them from 750 families to 250 families. When I look at my old law firm, they pretty … Continue reading →

The thing I hated most of my time at that certain Long Island law firm was that the only thing they ever seem to care about what how many hours you billed per month. I still contend that monthly billable … Continue reading →

Vanguard has announced that they will introduce an auto-portability service for its 401(k) plan sponsor clients and their participants. Vanguard will work with Retirement Clearinghouse (RCH), to provide plan sponsors with a portability solution aimed at simplifying small-balance 401(k) rollovers. … Continue reading →

I invested in cryptocurrency, turned on into it by Mike Alfred, who I know from his Brightscope days. While I like to invest my own, I think these are investments that have no place in qualified retirement plans as an … Continue reading →

The possibility of a Federal mandate for retirement coverage through an employer plan or forcing the employer into an IRA program,  which has been done through state and local governments will prop up pooled employer plans (PEPs). The reason is … Continue reading →