Category Archives: Retirement Plans

The Department of Labor (DOL) announced changes to Form 5500. For Multiple Employer Plans (MEPs), new codes have been added to Line 8a of Part II to identify different types of MEPs, such as pooled employer plans, association retirement plans, … Continue reading →

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

You could be the greatest plan provider, but you can’t please everyone. Even when things aren’t your fault, there will be some plan sponsors who will still blame you. You can try to bend over backward for some plan sponsors … Continue reading →

While technology makes it easier for bad actors to steal the retirement assets of plan participants, it’s far easier to steal from 401(k) plans with crypto investments. 401(k) plans that have Bitcoin investments would have a crypto wallet, rather than … Continue reading →

With high inflation and an economy that might be in a recession, it is no shock that hardship distributions are on the rise. About 0.5% of employers participating in 401(k) plans made a “hardship” withdrawal in October, according to Vanguard. … Continue reading →

My wife forwarded me an op-ed piece, criticizing the Biden administration rule change on ESG investments in 401(k) plans. Obviously, the person writing it doesn’t understand how 401(k) plans work. The ESG rule isn’t licensed theft to pursue a woke … Continue reading →

Robinhood is rolling out retirement accounts for users of its mobile app, by offering a 401(k) like match to IRAs. Robinhood will offer customers a 1% match on its traditional or Roth IRAs. Users can start investing on deposits of … Continue reading →

Two lawsuits questioning the prudence of plans holding the BlackRock Lifepath target-date funds were thrown out. The two suits, one involving Capital One Financial Corp., and the other involving Booz Allen Hamilton were both dismissed by U.S. District Judge Michael … Continue reading →

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

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