Author Archives: admin

In Hughes v Northwestern, a unanimous Supreme Court held that the Seventh Circuit erred by holding that a plaintiff can’t state a plausible claim against plan fiduciaries based on the inclusion of a few imprudent investment options if the investment … Continue reading →

It’s a question I get often, the 401(k) plan sponsor wants to terminate their plan and start a new one. Can’t do it. 401(k) plans have a unique rule (actually 403(b) plans also have it) called the successor plan rule. … Continue reading →

I referred a client to a third-party administrator (TPA) that would be the best fit for fixing a defined benefit plan that was a hot mess. The fees are a little higher, but the client would make that up with … Continue reading →

The Supreme Court told defined contribution sponsors Monday that they have to monitor all investments in plans’ lineups rather than leave the analysis to participants. In an 8-0 ruling, the justices vacated and remanded a decision by the 7th Circuit … Continue reading →

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

My latest newsletter fi retirement plan professionals can be found here.

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

I was a first-year law student participating in moot court, just because all second-year students participated even when I knew I had zero interest in ever being a litigator. In those days, my mother would buy me these cheap cartoon … Continue reading →

The local school board member who posts ridiculous stuff on social media was just appointed Acting Parks Commissioner for my county. It’s a little disheartening. My wife says I post too much on Facebook and she is probably right. I … Continue reading →

If you’ve ever read anything I’ve ever written, you probably know that I talk about the experience I had at a semi-prestigious Long Island law firm. I can blame the bureaucracy, the marketing limitations set by lawyers who didn’t bring … Continue reading →