Category Archives: Retirement Plans

July Business Services, LLC purchased Sunwest Pensions, a retirement plan recordkeeper and Third Party Administrator based in Tempe, AZ. This strategic merger enables July to further enhance its services and expand its client base by adding over 500 plan clients. … Continue reading →

In the old days, no one factored mutual fund fees when it came to 401(k) fees. Thankfully, fee disclosure changed that. 401(k) plan participants now incur far lower fees for holding mutual funds over, according to a study from the … Continue reading →

I’m not very popular, never have been, and never will be. It’s probably my personality or just not wanting to go with the flow, but I’m not a popular guy. Ask my family, ask my former bosses. While I won’t … Continue reading →

Long-term businesses in the retirement plan business don’t die overnight. It takes a very long time as we see with Sears, the goodbye takes a long time. A dying business can change course, but the problem is that there essentially … Continue reading →

As long as I remember, any political discussion gets a little heated. Thanks to social media, any political discussion seems volatile. Based on my writings and how I think, you might get an idea of my politics. While I may … Continue reading →

As they once said in This is Spinal Tap, there is a fine line between stupid and clever. I can assure you that Michael McKeon who played David St. Hubbins in the movie and co-wrote it, was not in plan … Continue reading →

Congress always has proposed legislation that will never make it to law and this thrift savings plan idea is one that is just an awful idea. Senator John Hickenlooper (D-Colo.), a sponsor of a controversial bill to create a Thrift … Continue reading →

What is old is new again. Experts at an ERISA Advisory Council hearing recommended that annuities should be part of a defined contribution plan’s default The council is a 15-member body that advises the Department of Labor (DOL) and they … Continue reading →

Rhode Island is joining the list of states providing a state-run plan that affords private-sector employees retirement plan coverage if their employers do not. Gov. Daniel McKee (D) signed the Rhode Island Secure Choice Retirement Savings Program Act into law. … Continue reading →

You will find stories of people getting fired for social media posts and I have zero sympathy for that. Probably because I almost bought it once, for trying to get a client. As discussed over the past 14 years, I … Continue reading →