Monthly Archives: July 2022

When I left a job, the first thing I did was execute my rollover form to move my 401(k) balance to an IRA rollover. While research from Pew will show that fees for an IRA account are higher because of … Continue reading →

Back in the day, the question of theft of plan assets, usually indicated theft by the plan sponsor or plan provider (hello, Matt Hutcheson). These days, with access to 401(k) retirement distributions so easy, cyber theft is the biggest concern … Continue reading →

When I worked at that semi-prestigious law firm as an associate, my goal was to develop a national ERISA practice and I thought that a great foundation was the firm’s existing business clients. I thought it would make sense since … Continue reading →

An article from one of the news sources I enjoy about retirement plan news, had an article about whether vesting can be controversial? Not really, the rules are the rule and the question is whether employers want to offer a … Continue reading →

With apologies to Tod Higgins (played by Keanu Reeves) in “Parenthood”, you need a license to practice law to be an ERISA attorney, you need to be a CPA to be a retirement plan auditor, and you need a securities … Continue reading →

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

As an employer and a plan sponsor, you’re the folks that employees will go ask questions. With a troubling stock market and an economy that might. be close to recession, your employee/participant may ask you what they should do with … Continue reading →

Captain Kirk didn’t believe in the no-win situation, he learned the hard way in Star Trek II: Wrath of Khan. There are certain situations as a plan provider where a client relationship puts you in a no-win situation. It could … Continue reading →

24% of 401(k) plan sponsors claim they are somewhat or very likely to search for a new plan administrator in 2022, according to a survey conducted by Callan. That means no matter how shaky the market is, there will always … Continue reading →

Northeastern University is the latest university plan sponsor to face a lawsuit alleging breach of fiduciary duty to participants The new ERISA case filed in the U.S. District Court for the District of Massachusetts, names Northeastern University, the retirement plan … Continue reading →