Monthly Archives: October 2023

The reason I started on my own 13 years ago was because I bet on myself when that law firm (Meyer Suozzi because that would get them on Google) didn’t, and I was tired of billing by the hour. When … Continue reading →

HUB Retirement and Private Wealth today announced the launch of HUB Retirement Select 100+, a pooled employer plan (PEP), targeting employers with 100 employees or more in the U.S. HUB Retirement Select 100+ PEP will work in partnership with NPPG … Continue reading →

Suing companies that have their own proprietary investments in their own 401(k) plan is like shooting fish in a barrel. Allianz Asset Management of America will pay $7.5 million to settle a class action 401(k) lawsuit filed by current and … Continue reading →

I have been working as an ERISA attorney since 1998. While the laws, regulations, and technology have changed, the government random audit has not. Sure, we can fax and email the agent with information and the audition-site visits are less … Continue reading →

Stable value funds provide great returns, much better than money market accounts. There is a price to be paid for that. Stable value funds are guaranteed investment contracts and any termination may lead to a market value adjustment (MVA). An … Continue reading →

Stable value funds provide great returns, much better than money market accounts. There is a price to be paid for that. Stable value funds are guaranteed investment contracts and any termination may lead to a market value adjustment (MVA). An … Continue reading →

When I was a kid or even in college, I’d stop talking to someone if I was mad with them. That was just being passive-aggressive. I’ve grown up a bit and tell people when I’m mad at them. Just did … Continue reading →

I have always been saying the most successful Pooled Employer Plans (PEPs) in the beginning, were going to be multiple employer plans (MEPs) that converted. There are many reasons why a MEP would like to convert to a PEP. The … Continue reading →

The White House Office of Management and Budget received a Department of Labor (DOL) proposed rule that would, once again, amend the definition of fiduciary under ERISA. It’s expected that the rule will expand coverage to more individuals involved in … Continue reading →

When I was an associate at that forgotten law firm or when I started my own practice, I did a lot of networking. Met some great people, but more, I met people that were a waste of time for one … Continue reading →