Author Archives: admin

It’s a fairly simple rule: if a father owns 100% of a business, the son is considered as owning it as well, thanks to the rules of attribution. Yet, people get that wrong. They either get it wrong because they’re … Continue reading →

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

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

I believe selling Pooled Employer Plans to those with existing plans, can be tough. Cost savings may be minimal, but I don’t think many plan sponsors may be aware of the reduction in liability by no longer being fiduciaries. Even … Continue reading →

I loved Oppenheimer, probably one of my favorite movies of all time. One line I love was: “They won’t fear it until they understand it and they won’t understand it until they’ve used it.” That was J. Robert Oppenheimer saying … Continue reading →

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 →