Category Archives: Retirement Plans

Lately, I have had a number of people who have contacted me about these ROBS plans that they see on the Internet as some sort of manna from heaven where an entrepreneur can tap their retirement savings to start a … Continue reading →

Having see it first hand, my diatribe against third party administration firms that handle recordkeeping and investment advice under one roof can be found here.

In the movie “Back to School”, Rodney Dangerfield doesn’t understand why his son is buying used books because they have already been read. His son says because they have already been already underlined. Rodney’s character said the person who could … Continue reading →

When it comes to retirement plan administration, too often retirement plan sponsors pick a third party administration (TPA) firm on price. This is a mistake because good TPA firms can provide a value in plan design and minimizing a plan … Continue reading →

I was at a 401(k) Rekon last week in Bridgewater, New Jersey, speaking in front of 50+ advisors. When my good friend, Carlos Tariche of Kravitz gave a speech on Cash Balance Plans and how they started in 1985 and … Continue reading →

My latest newlestter geared towards financial advisors, can be found here.

My new article can be found here.

In the movie GoodFellas, Paulie Vario played by Paul Sorvino is offered an ownership stake in a nightclub to protect the owner, Sonny, from the attacks of Tommy DeVito, played by Joe Pesci. Instead of taking an interest in running … Continue reading →

Like brain surgery, there should be no dabblers in retirement plans. Whether it’s an attorney, financial advisor, insurance agent, or recordkeeping firm, you have to be an expert, partner with an expert, or just leave the business. With such difficult rules … Continue reading →

Two men built a third party administration (TPA) practice from the ground up to one of New York’s largest, unbundled, TPAs. It was built on hidden fees, fake audits, and poor administration. This is the story of the life and … Continue reading →