Monthly Archives: May 2023

My wife works for a law firm and based on the work she’s seen as an appellate attorney and telling me things, I realize there are a lot of lawyers that don’t know what they’re doing. I feel the same … Continue reading →

The Department of Labor’s Employee Benefits Security Administration, announced their enforcement tally by claiming they recovered $1.4 bilion for fiscal year 2022. That contrasts with EBSA recovering $2.4 billion in 2021, and in 2020, a record $3.1 billion for plan … Continue reading →

Millennium Trust announced that they will add an optional auto-portability function to its automatic rollover IRA solution. They expect this add-on feature to be ready for client testing later this quarter and available in 2024 at no additional cost. The … Continue reading →

A California environmental consultant is being sued by the Department if Labor for failing to manage or administer their profit-sharing plan since the late 1990s or early 2000s, effectively barring distribution of participants’ retirement assets. The complaint, Su v. Environmental … Continue reading →

I have been an advocate for mandatory IRA programs for employers that don’t offer them because I believe when push comes to shove, employers would rather have their own plan than be forced into a state-mandated program. A recent Pew … Continue reading →

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