Category Archives: Retirement Plans

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

If you have a client that is being bought out or is buying another company, the first thing you need to do like the plan’s financial advisor is to call an ERISA attorney. From experience, not many people give ample … Continue reading →

When it comes to business and generally people, I treat people the way I’d want to be treated and I give people the benefit of the doubt. It usually works out for the best and there are occasionally times where … Continue reading →

According to an article in the Wall Street Journal, the Department of Labor (DOL), is looking at an obscure and confidential “infrastructure” fee that Fidelity charges the mutual fund companies for putting their funds on its sales platform, called FundsNetwork. … Continue reading →

A former participant of ConAgra’s 401(k) plan filed a lawsuit against the company, alleging they failed to adhere to the definitions of compensation and permissible contribution stated in plan documents. It stems from the failure of ConAgra to allow deferrals … Continue reading →

Fidelity is being sued again, this time regarding payments made by mutual funds to the Fidelity FundsNetwork. It is alleged that these payments are a kickback and a replacement for revenue sharing. I’m not going to weigh in on the … Continue reading →

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

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

Now that hardship rules are changing in 2019 with the elimination of the six-month deferral suspension and the need to exhaust loans first, expect more hardship distributions in the near future. Once these barriers for hardship distributions are eliminated, it … Continue reading →

Suppose someone you never met before comes up to you and asks whether they can stay at your house or someone you never heard of, all of a sudden wants to be your partner and best friend. Any business relationship … Continue reading →