Monthly Archives: September 2021

The sales process in the small to medium-sized retirement plan business is slow. It’s slow because plan sponsors are slow. A can’t lose proposal takes time because a plan sponsor doesn’t have the urgency to get things done. You can … Continue reading →

The one drawback in the fee disclosure regulations was that the Department of Labor (DOL) never bothered to develop a model fee disclosure form for plan providers, I understand the hesitancy of the DOL because it’s hard to group fees … Continue reading →

I had 3 That 401(k) Conferences postponed from 2020 and I wanted to reschedule them since I was holding on to plan provider sponsorship money and I already outlaid money for the venue, game tickets, and athlete appearances. Last March, … Continue reading →

Someone I know was let go during COVID in April 2020. Thankfully, they were reemployed rather quickly since they had an outstanding job offer that they didn’t reject. With a decent 401(k) account balance, they asked for and received a … Continue reading →

A character in This Is Spinal Tap said it best: “there is a fine line between being clever and being stupid.” Recently, I came across a rather unique issue dealing with a 401(k) plan and self-directed brokerage accounts. A plan … Continue reading →

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

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

The Ways and Means Committee approved proposals for portions of the reconciliation bill, among them a plan to strengthen retirement savings, which might be a boost for pooled employer plans (PEPs). The proposal would require employers that don’t currently offer employer-sponsored … Continue reading →

People will say that I often have a negative spin, regarding the retirement plan industry. I don’t. know if that’s necessarily true, I just think that my views are just unfiltered. I will say that based on this COVID pandemic … Continue reading →

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