close
bitcoin

Yeah, Bitcoin in 401(k) plans is a bad idea

Over the 30 years of investing, I have seen nothing like my investment in bitcoin and other digital currencies. There have been swings of more than 10% a day and I’m up over 100% since first starting investing this summer.   Yet, what might be great as ...

education

Advisors need to offer education, it’s that simple

Advisors ask me all the time about the role of education in participant-directed 401(k) plans. Participant directed 401(k) plans that are governed under ERISA §404(c) offer the plan sponsors liability protection based on a participant’s gains or losses on t...

associairtion

Well, I have an in with this association

If I got $5 for every time an advisor or other plan provider told me they had an in with an associat...

stay in lane

Purchasers need to stay in their lane

I’ve written blog posts about the problems that I see when a plan provider I know gets purchased. ...

certain point of view

From a certain point of legal view

There are two types of ERISA attorney, those that work for a plan provider and those that don’t. M...

trustee

The problem of the PEP Trustee

One of the quirks with pooled employer plans (PEPs) is the need for a corporate trustee. The only pr...

opinions

Opinions aren’t wrong, except…. by experiences

I have very strong opinions on the retirement plan business and that might be a reason I’m not ask...

papersondesk

You need to read the plan document

Being an ERISA attorney for a couple of third-party administration (TPA) firms when I first started ...

parcells

You should pick out the groceries

If there is one famous quote that’s landed me in trouble, it’s one from my favorite football coa...

acccountable

Just be accountable

People don’t like to be accountable for the most part. It’s just human nature to blame someone e...