Author Archives: admin

Rodney Dangerfield was one of my favorite comedians and his shtick was that he got no respect. Apparently, advisors working on 401(k) plans are getting respect these days from plan sponsors, based on a new survey from Morgan Stanley. 87% … Continue reading →

With so much talk about crypto and 401(k), it’s pretty simple as to what plan sponsors should do: nothing. While this may be a buying opportunity for plan sponsors, you still have the Department of Labor warning plan sponsors that … Continue reading →

People are flawed, except for saints and Popes. One of my many flaws is that I enjoy being right. I love predicting things and being right (such as the end of revenue sharing, and a former employer going out of … Continue reading →

Working hard to get participants saving is a never-ending battle. Just look at Vanguard’s 2021 How America Saves Survey to see how much money the average American in their 30s has saved up in their 401(k) account. Here’s what they found: Average … Continue reading →

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

With small and medium-sized companies, multiple plans operated by multiple owned companies that are part of a controlled group, usually create a huge mess. There may be a reason why similarly owned companies may operate more than one plan, It’s … Continue reading →

I always say that the reason I don’t have employees is because I was an employee too. One f the frustrating things was changing jobs. There was a two yearsstretch where I went through a couple of employers. I will … Continue reading →

Maybe it’s the Larry David in me or the fact that I never had a job where I got a bonus, but excluding bonus from the definition of compensation is more trouble than it’s worth. While I understand that plan … Continue reading →

As we are reminded daily by sad news that life is too short, I think it’s important to tell people that you love them. On the flip side, if people tick you off, tell them. Giving people the silent treatment … Continue reading →

There were times in my life when I needed help and just didn’t get it. One of my favorite quotes based on those kinds of experiences is: “I needed your help, you weren’t there, and I no longer need your … Continue reading →