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Nvidia settles 401(k) lawsuit

Nvidia Corp. has reached a proposed settlement with former participants of the company’...

Ary Rosenbaum, That 401(k) Guy

Average balance shows we have a long way to go

For those aged 55-64 the average 401(k) account balance is $244,750. The median account b...

Ary Rosenbaum, That 401(k) Guy

Terminate the plan before the deal

Company A wants to buy Company B and everyone wants to terminate Company B’s 401(k) Pla...

Ary Rosenbaum, That 401(k) Guy

A good plan provider will admit they’re wrong

A long-time advisor-client called with a chuckle that both he and I were right and a part...

Ary Rosenbaum, That 401(k) Guy

Those season tickets is something I’d never buy

Thanks to an annual outing at CitiField, the Mets afforded me playoff tickets. In 2022, I...

Ary Rosenbaum, That 401(k) Guy

There is no such thing as free administration

In England, many of the top pubs are owned by British breweries because watering holes ar...

Ary Rosenbaum, That 401(k) Guy

I hate short plan years

When drafting new 401(k) plans for clients during the middle of the year, I like drafting...

Ary Rosenbaum, That 401(k) Guy

I wish the DOL would act over TPA termination

It’s all friendly between the plan sponsor and the Third-Party Administrator (TPA) unti...

Ary Rosenbaum, That 401(k) Guy

PEP goes to Pot

We have a Pooled Employer Plan (PEP) for so many things, so a Pot PEP seems OK. The No...

Ary Rosenbaum, That 401(k) Guy

Fidelity to clamp down on third party access

Fidelity is clamping down on third-party access to 401(k) plans, which will likely restri...

Ary Rosenbaum, That 401(k) Guy