Author Archives: admin

SECURE 2.0 allows employers the opportunity to offer matching contributions and profit-sharing contributions on an after-tax basis for participants who elect such treatment. Why would any employer offer that? I require separate accounting by the TPA and there is this … Continue reading →

I always say the two worst things you can give people are false praise and false hope. One of the reasons that I started my own law practice is because I was an employee and for the most part, I … Continue reading →

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

SECURE 2.0 allows employers the opportunity to offer matching contributions and profit-sharing contributions on an after-tax basis for participants who elect such treatment. Why would any employer offer that? I require separate accounting by the TPA and there is this … Continue reading →

When I was in college, I would run events, and one of the ways to do it, was free food. A slice of pizza could get people In the door. I think getting people to defer, the same rules could … Continue reading →

Years ago, legislation allowed a sidecar IRA account where participants could add an IRA contribution to their 401(k) plan. That was as popular as AfterMASH. Some provisions have been added over the years by Congress, that will not gain traction. … Continue reading →

Recently, an economist blamed 401(k) plans for the retirement crisis in this country and I’ve heard the arguments on how 401(k) plans killed defined benefit plans. 401(k) plans are merely a scapegoat. A scapegoat for employers who wanted to save … Continue reading →

That 401(k) Conference returns this year at Globe Life Field in Arlington, Texas, on May 3rd, and Yankee Stadium in Bronx, New York on June 7th. The events took a sabbatical in 2022 because of me. I initially announced events … Continue reading →

There is a “nebbish” who has been on the local school board for 12 years. Both of his daughters are in college. Yet, he is running for re-election. More importantly, in his re-election announcement, he announced no accomplishments in 12 … Continue reading →

The IRS announced that the amendment deadline for most qualified retirement plans, including 401(k) plans, for several recent pieces of federal legislation generally has been extended by up to one year. The Notice, generally applies to plan amendments that are … Continue reading →