Category Archives: Retirement Plans

When I was a synagogue Vice President, I was miffed that the main leadership were relics of the past who insisted it was still 1978 and just having our doors open would get new members. I said the synagogue needed … Continue reading →

My latest newsletter geared towards retirement plan professionals can be found here.

When it comes to drafting plan documents, I always say K.I.S.S.: keep it simple, stupid. Any intricate plan design features such as weird matching allocations and out of the box definitions of compensation is a great way of having this … Continue reading →

I recently go through a harrowing Department of Labor (DOL) audit over the late deposit of salary deferrals. What was the problem for the client was multiple locations and multiple payroll providers and previous third-party administrators (TPAs) that didn’t alert … Continue reading →

Providing advisory help to a 401(k) plan is a great part of a financial advisor’s business because it can grow to ancillary lines of business such as working with the decision makers of the plan and their money. One great … Continue reading →

My latest newsletter can be found here.

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You can be a great financial advisor and have a terrific way of communicating with plan sponsor clients, but that doesn’t mean you can effectively communicate with plan participants. Quite honestly, most advisors have a tough time dealing with it … Continue reading →

Oregon announced that their OregonSaves retirement program will now allow individuals, such as self-employed or gig economy workers, to join and start participating in this program for small employers. OregonSaves began with a pilot program in July 2017 and is … Continue reading →

As I’ve been saying for a while, advisors need to offer health savings accounts (HSAs) to the plan sponsors clients they have. They can make money on increased assets and their clients get to offer a tremendous employee benefit. Many … Continue reading →