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DOL releases guidance on small account balances

The Department of Labor (DOL) has released Field Assistance Bulletin 2025-01 (the Bulletin), allowing ERISA fiduciaries to transfer retirement balances of under $1,000 to a state unclaimed property fund. The Bulletin describes a DOL nonenforcement policy f...

You have to have a plan

Imagine if Mark Zuckerberg hatched the idea for Facebook, yet all he did was talk about the site instead of developing it. Imagine if Jeff Bezos talked for a year or two about selling books on the Internet instead of going through developing the actual Amazon...

Feed the passion and the joy

I fell in love with baseball in 1979. I followed it, without even knowing all the rules o...

DOL changes? Maybe not so fast

With the change of Presidential administrations, there was certainly a discussion on what...

Red Flag Report is a Red Flag

George Carlin had a joke that to get off a jury, you should just tell the Judge that you ...

Equitable launches PEP

Equitable has introduced Equitable Retirement Access, the company’s 401(k) Pooled Emplo...

People like their 401(k)s

According to new research published by the Investment Company Institute (ICI), Americans ...

The Legend of The Flintstones Tie

I was a first-year law student participating in moot court, just because all second-year ...

Bad advice can create bad IRS and DOL assumptions

A financial advisor called me and asked me if there was a problem that an insurance polic...

The overvaluing of experience

I always say that picking a plan provider just on price is a bad idea and I will say that...