Author Archives: admin

Thanks to litigation, the Securities and Exchange Commission will likely approve a few Bitcoin-centric exchange-traded funds. That begs the question, will those ETFs be allowed as investments within 401(k) plans? My answer: probably yes. ETFs eliminate some of the issues … Continue reading →

It was harmless and I still think 15 years later, it was always harmless. Working at that semi-prestigious law firm, I reached out to former clients of mine that I worked with, at a third-party administration (TPA) firm. My old … Continue reading →

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 →