Monthly Archives: June 2023

Some disturbing projections came out of a Pew study on retirement plan savings. The new research from Pew has found America’s retirement savings gap could create a $1.3 trillion economic burden through 2040. The Pew study says as many as … Continue reading →

Vestwell announced new industry partnerships and integrations to help advisors. Vestwell was selected to support J.P. Morgan expand their recordkeeping options and help with Everyday 401(k), Chase’s small business 401(k) workplace savings platform. Vestwell also expanded its distribution partnerships with leading advisory firms, including Commonwealth Financial Network and … Continue reading →

As the time owning my house is coming to an end, my wife and I are embarking on one last project: renovating a patio that should have been replaced when we bought the house 18 years ago. Trying to not … Continue reading →

In Huang v. TriNet HR III, Inc., the District Court for the Middle District of Florida threw out a case against a multiple-employer plan and rejected the plaintiff’s testimony that the fees were too high in its entirety. While the defendants used expert … Continue reading →

A new study suggests that plan sponsors can increase the rate of automatic enrollment in 401(k) plans without decreasing participation. The results are based on a new study conducted by Voya Behavioral Finance Institute for Innovation. It did show that … Continue reading →

Paying bills to other plan providers is hard when money is hard to come by. Sometimes it was difficult over the past 13 years when the mortgage was due and some of my clients were too slow to pay. Relationships … Continue reading →

If you partner with other providers, I think it’s best when decisions are made through a consensus. Just because you make a decision unilaterally, doesn’t mean you should. Everything should be done thoughtfully, with input from the other providers you … Continue reading →

A lot of people with a Libertarian streak hate state-mandated IRA programs. Even with my distaste for the government and their idea of funding Social Security with just a lick and a promise (obligatory Aerosmith reference), I like mandated state … Continue reading →

In Star Wars lore, Order 66 was a secret order by Chancellor/Emperor Palpatine for the clone troopers to kill the Jedi as traitors to the Republic. In the retirement plan space, I jokingly claim that this will be the Order … Continue reading →

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