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The bonus problem

Bonuses are nice, I wouldn’t know because in the 11 years I was an employee, I got $300...

The problem with loans

When I draft a new 401(k) plan for a client, I’ll recommend a loan provision even thoug...

Don’t forget Cycle 3 restatements

With 2022 here, don’t forget about Cycle 3. This “Cycle 3” restatement means tha...

EBSA pick stalled

While Lisa Gomez’s nomination passed a Senate committee hurdle, her nomination to lead ...

Changes to 5500 reflect PEP requirements

The Department of Labor’s Employee Benefits Security Administration (EBSA) released the...

Employers offering Roth is way higher

The numbers of employers allowing Roth 401(k) savings have dramatically increased. The...

Default rate is higher

The Plan Sponsor Council of America through their annual survey has indicated is that 3% ...

The older I get, the more I’m like Larry

I’ve been a fan of Curb Your Enthusiasm since day one and in some way, I enjoy it more ...

Complacency is a problem for TPAs

For me, one of the worst things that any business can have is a sense of complacency; I h...

DOL changes mind on private equity investments

The Department of Labor (DOL) ‘clarified’ a 2020 DOL letter on priv...