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now you see it

Employees don’t need to see that

I always jokingly say that the reason I try to avoid hiring employees is that I once was an employee...

gimmicks

Make sure it’s not a gimmick

A few years back, a good friend of mine who is an ERISA §3(38) fiduciary won a case from a disgrunt...

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 ...

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. Parti...

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 ...